Prudential Financial (NYSE:PRU) is due to appear before the Financial Stability Oversight...

Prudential Financial (NYSE:PRU) is due to appear before the Financial Stability Oversight Council today to try to persuade the regulator not to label the insurer as a "systemically important financial institution." Prudential's hopes might have been raised by two council members dissenting on the decision to designate the firm as SIFI, although on the downside, the G20's Financial Stability Board has categorized the company as such.