House Appropriations Committee subcommittee

• FSOC Examines Volcker Rule, JPMorgan Losses; Provides SIFI-Label Protest Procedures

  By Elizabeth Festa  |  June 1, 2012

  Nonbank financial institutions insurers and financial market utilities (FMU), that want to argue their case before the Financial Stability Oversight Council (FSOC) if they receive a systemically important financial institution (SIFI) recommendation now have in place the framework for specific hearing procedures.

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  FSOC Examines Volcker Rule, JPMorgan Losses; Provides SIFI-Label Protest Procedures

  By Elizabeth Festa  |  May 23, 2012

  The FSOC met this week and had a lot on its plate: Volcker Rule and financial stability in light of JPMorgan's losses, and the approval of new procedures that nonbanks and FMUs can follow to protest a SIFI designation.

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  MetLife, Fed, Treasury Set to Testify on SIFI in Post-JPMorgan Loss Climate

  By Elizabeth Festa  |  May 14, 2012

  The Volcker Rule may be a subject not only for banks, in light of JPMorgan trading losses, but also for insurance representatives before the House subcommittee.

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  SEC Considers Volcker Rule Exemption for Insurers

  By Arthur D. Postal  |  March 7, 2012

  The Securities and Exchange Commission is considering giving insurers a broad exemption from the so-called Volcker rule, the Dodd-Frank provision that constrains insurers' ability to make certain kinds of speculative investments.