As the rulemaking phase of the Dodd-Frank Act continues, insurers are looking to shape the rules to determine which companies constitute a systemic risk to the larger economy.
Yesterday, the American Insurance Association (AIA) filed comments to the Financial Stability Oversight Council (FSOC) regarding its charge under Section 113 of the act, designating which companies are deemed risky enough to merit “heightened prudential supervision” from federal regulators.
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