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Amicus Brief Of Scholars Of Insurance Regulation In Metlife V. Fsoc
Amicus Brief Of Scholars Of Insurance Regulation In Metlife V. Fsoc
Patricia A. McCoy
This Amicus Brief of Scholars of Insurance Regulation involves MetLife's challenge to the Financial Stability Oversight Council’s ("FSOC") determination that material financial distress at the company could pose a threat to U.S. financial stability. The brief focuses on one central element of MetLife’s challenge -- that FSOC failed to adequately consider the strength of the state insurance regulatory system in designating MetLife as a systemically significant nonbank financial company. The amicus brief argues that FSOC’s designation of MetLife fairly accounts for state insurance regulation’s focus on protecting policyholders rather than mitigating systemic risk. It argues that advancing these two regulatory …
Market Conduct Supervisors And Their Interactions With Prudential Authorities
Market Conduct Supervisors And Their Interactions With Prudential Authorities
Patricia A. McCoy
This presentation addressed potential commonalities and conflicting interests of market conduct and prudential supervisors.