FREE PREVIEW
|
LOGIN OR SUBSCRIBE NOW TO READ THIS ARTICLE
|
Sen. Collins offers bill on capital standards for insurance companies
|
Financial Stability
Tuesday, March 25, 2014
|
|
The author of Dodd-Frank’s Collins Amendment proposed legislation that would clarify that the Federal Reserve is not required to subject state-regulated insurance companies to bank-centric capital standards. Sen. Susan Collins, R-Maine, recently told a Senate subcommittee that she is frustrated by the Fed’s insistence that it does not have authority to take into account important distinctions between insurance and banking as it implements consolidated capital standards required by Dodd-Frank. Read on for the details.
TO READ THE FULL STORY
|
|
Already a subscriber?
Problems logging in?
Please call 330-659-6101 x 805 or email us for assistance.
|
|
Today's other top stories