Dodd Frank oversight News

Fed Gives AIG, Pru More Time to Submit ‘Living Wills’

U.S. bank regulators disclosed on Wednesday how eight of the nation’s largest banks would wind themselves down in the face of collapse and gave American International Group Inc (AIG) and Prudential Financial Inc. an extra year to submit their doomsday …

Federal Reserve to Study Effect of Banks’ Systemic Risk Rules on Insurers

The U.S. Federal Reserve on Tuesday announced plans to study the potential effects of forcing big insurance companies to meet tough funding restrictions required by the 2010 Dodd-Frank law. The Wall Street oversight law directed regulators to identify big non-bank …