The new development is spelled out in a lawsuit AIG filed Friday in the New York State Supreme Court in Manhattan.
Schapiro among longest-serving agency chairmen; SEC touts accomplishments of her tenure.
On the campaign trail, President Barack Obama and Republican challenger Mitt Romney couldn’t have a bigger difference of opinion when it comes to the Dodd-Frank Act.
The NCUA took an active approach to shoring up credit unions and consumers affected by Hurricane Sandy, making use of field examiners who placed phone calls and sent emails to their assigned credit unions in attempt to survey the damage.
NCUA spokesman says many agency staff working at home as D.C. area still largely shut down.
Analyst says recent action by the Fed regarding MetLife and its bank implies the Fed may be rethinking the use of bank metrics.
The Financial Stability Oversight Council has started the clock on a six-month process for designating a non-bank as systemically significant.
Financial Stability Oversight Council was created to ensure systemic financial risks are quickly identified. GAO says more transparency needed to accomplish that.
American International Group is on the verge of becoming the first insurance holding company ever regulated by the Federal government.
Overregulation is not just choking credit unions, it is choking our economy.