- U.S. regulators are poised to label MetLife (NYSE:MET) "systematically important" and a potential threat to the financial system, subjecting the insurer to oversight by the Federal Reserve, Bloomberg reports.
- MET has been under consideration as systemically important for more than a year, and its executives have met more than 10 times with Financial Stability Oversight Council staff members to argue it doesn’t pose a risk.
- The report says a decision by the council may come as early as July 31, when the panel is tentatively planning to meet.
Bloomberg: MetLife set to be designated systemically important
From other sites
at CNBC.com (Feb 27, 2015)
at Zacks.com (Feb 26, 2015)
at Nasdaq.com (Feb 23, 2015)
at CNBC.com (Feb 17, 2015)
at Nasdaq.com (Feb 3, 2015)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs