Dodd-Frank News
Big Insurers, State Regulators Look to Avoid Bank-Like Rules by Federal Reserve
MetLife Inc. and Prudential Financial Inc. have been joined by state regulators challenging the Federal Reserve on how to oversee the biggest insurers under the Dodd-Frank law. The insurers and ...
Dodd-Frank: Example of How Congress Can Overcome Gridlock
Congress is leaving town, a cause for celebration across the land. Except that the lawmakers are going away only for the Independence Day recess; they'll be back. The branch of government endowed by ...
Dodd-Frank Failed to Dispel Too-Big-to-Fail, Say 2 Fed Presidents
Two Federal Reserve district bank presidents said the 2010 Dodd-Frank Act hasn't eliminated creditor expectations for federal bailouts of financial firms, perpetuating the idea that large banks are ...
Bond Buffer Seen in Demand for Swaps Collateral: Credit Markets
New collateral rules for hedge funds, insurers and others in the $633 trillion over-the-counter derivatives market are poised to boost demand for U.S. Treasuries, potentially slowing rising yields as ...
Financial Firms’ Living Wills Risk Clash of Nations Over Assets, Warns AIG’s Benmosche
American International Group Inc. Chief Executive Officer Robert Benmosche said that living wills, designed to help unwind struggling financial firms, may lead to international disputes. Comparing ...
Vote on Systemically Risky U.S. Non-Banks Expected
U.S. regulators plan to vote next week on whether to label some non-bank companies a potential risk to the financial system, a move that would put them under heightened Federal Reserve supervision, ...
Insurers, Banks See Trade Deals As Way to Weaken Dodd-Frank
U.S. bankers and insurers are trying to use trade deals, which can trump existing legislation, to weaken parts of the Dodd-Frank Act designed to prevent a repeat of the 2008 financial crisis. While ...
Senate Duo Wants Quick SEC Action On Credit Raters
A bipartisan pair of U.S. senators urged federal securities regulators to move quickly on fundamental changes to how credit-rating agencies are compensated, a step they said will reduce the type of ...