Administrative Law and the FSOC: MetLife’s Challenge of Too Big To Fail Designation
A cornerstone of Dodd-Frank regulatory reform is a provision that empowers regulators to designate certain financial institutions as “systemically risky,” subjecting those institutions to additional regulatory framework. In April, a federal judge sided with MetLife, Inc. in challenging its designation. This program discussed the legal challenge and the future of the “systematically important financial institution” … Continue reading “Administrative Law and the FSOC: MetLife’s Challenge of Too Big To Fail Designation”