Securities and Exchange Commission

MetLife moving offshore captive to the U.S., lowering risk profile

By Arthur D. Postal, Elizabeth D. Festa | May 21, 2013

MetLife is merging three U.S. life insurers and a captive reinsurer “to create a larger, well capitalized U.S. life company.”

House bill to require SEC, DOL fiduciary collaboration

By Melanie Waddell | May 16, 2013

SEC Chairwoman White noted the DOL would “ultimately make its own independent decision” regarding its fiduciary rule.

SEC chief defends budget request to skeptical lawmakers

By Melanie Waddell | May 7, 2013

SEC Chairwoman Mary Jo White told a House panel on Tuesday that the agency’s $1.67 billion budget request for 2014 would help the agency fulfill one of its top priorities: adding 250 examiners for advisors.

Ebix to be acquired by Goldman affiliate

By Michael K. Stanley | May 2, 2013

Subject to antitrust approval, the transaction is expected to close sometime in the third quarter.

FPA makes two big pushes in Washington

By Melanie Waddell | April 30, 2013

The FPA is “well under way” in putting its advocacy infrastructure in place, says FPA President Michael Branham.

Baucus, leading supporter of health reforms, to retire

By Donna Cassata | April 23, 2013

Democratic Sen. Max Baucus, the powerful Senate Finance chairman who steered PPACA into law, has decided to retire.

CFPB calls for ‘rigorous’ standards for senior designations

By Melanie Waddell | April 18, 2013

‘With such a bewildering array of titles and acronyms, it is no wonder that older Americans are confused and misled by these titles,’ says CFPB’s Cordray.