HFA Icon

MetLife Not Happy With "Too Big To Fail" Designation, FSOC Transparency Questioned

HFA Padded
Mark Melin
Published on
Updated on
Sign up for our E-mail List and Get FREE Access to Exclusive Investment E-books and More!

The Financial Stability Oversight Council (FSOC) on Thursday said MetLife Inc. is officially “too big to fail,” and Metlife Inc isn’t happy. Meanwhile, the insurance Company Institute expressed concerns regarding FSOC’s decision making transparency.

In a statement, the life insurance company argued over the ruling.  “MetLife is not systemically important under the Dodd-Frank Act’s criteria, and the company has presented substantial and compelling evidence to FSOC to support this conclusion,” the statement said, noting that is was “disappointed in the FSOC decision.”

Dodd-Frank financial regulation requires the FSOC to identify...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article
Already a member? Log in here
HFA Padded

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.