MetLife Judge Called FSOC Review Process `Fatally Flawed'

Updated on
  • U.S. court unseals ruling, reasons for lifting designation
  • Financial Stability Oversight Council lost lawsuit March 30

The U.S. government panel that decided MetLife Inc. was too big to fail erred in not analyzing the insurer’s vulnerability to financial distress, according to the federal judge who rescinded that designation last week.

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