Federal Reserve Division of Banking Supervision and Regulation

• Nonbank SIFI “Dragnet” for Fed Supervision Targeted at Hill Hearing

  By Arthur D. Postal, Elizabeth Festa  |  June 1, 2012

  Metropolitan Life Insurance Co., Americas, President William “Bill” Wheeler told a House panel in no uncertain terms that he does not believe insurers should be regulated like banks and warned against marketplace distortion should the final federal capital enhancement rules not be crafted well--or even if they are and insurers...

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  Nonbank SIFI "Dragnet" for Fed Supervision Targeted at Hill Hearing

  By Elizabeth Festa  |  May 16, 2012

  MetLife does not know if the FSOC will feel compelled to name MetLife and a few other large insurers as SIFIs, and officials won't say, but lawmakers and MetLife wonder about the wisdom and the possible harmful effects of applying bank-centric regulations to an insurance company.