January 18, 2018
MetLife Inc. and the government on Thursday agreed to end an appeal of a judge's order releasing the insurer from its status as a systemically important financial institution, ending a fight that fizzled after the Trump administration started easing regulations put into place after the financial crisis.
May 15, 2017
The D.C. Circuit has granted MetLife Inc. a 60-day pause in the high-stakes battle over the insurer's "systemically important" designation, following an executive order for a review of financial regulations, even as one watchdog group blasted the executive order itself as a transparent ploy to derail the government's appeal.
April 24, 2017
MetLife Inc., hoping it could be the first beneficiary of an executive order to review regulations for large financial institutions, on Monday asked the D.C. Circuit to pause the appeal of a ruling that freed the insurer from some of those very regulations.
October 24, 2016
The federal government fought to reinstate MetLife’s “too big to fail” designation in a closely watched case before a D.C. Circuit panel Monday, arguing regulators weren’t required to prove the insurance giant is likely to collapse before imposing heightened scrutiny on the company.
October 21, 2016
Federal financial regulators will make their case to the D.C. Circuit on Monday that a district court erred in axing their decision to deem MetLife a systemically important financial institution subject to stronger regulation. Here, Law360 breaks down the history of the case in advance of oral arguments.
October 19, 2016
A financial industry watchdog seeking access to redacted court documents from the battle between the federal government and MetLife Inc. over a systemically important financial institution tag has urged the D.C. Circuit to overturn a lower court’s decision to deny its records request.
August 23, 2016
State insurance regulators, the Chamber of Commerce and other organizations threw their support behind MetLife on Monday, urging the D.C. Circuit to uphold a lower court's ruling axing the insurance giant's designation as a systemically important financial institution whose collapse could threaten the U.S. economy.
August 16, 2016
MetLife is urging the D.C. Circuit to uphold a lower court's ruling axing its designation as a systemically important financial institution whose collapse could threaten the U.S. economy, arguing that federal regulators arbitrarily deviated from their own standards in slapping the life insurer with the tag.
June 23, 2016
The former members of Congress who wrote the Dodd-Frank Act, along with former Federal Reserve Chairs Ben Bernanke and Paul Volcker, urged the D.C. Circuit on Thursday to undo a federal judge's recent decision that blocked stronger regulation of MetLife Inc.
June 16, 2016
A council of financial regulators urged the D.C. Circuit Thursday to reverse a federal judge's ruling liberating MetLife from its designation as a systemically important financial institution whose collapse could threaten the broader U.S. economy, contending that the lower court seriously misconstrued the council's guidelines for the SIFI labeling process.