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November 19, 2015

Memo in Court Action to Lift the Veil of Secrecy from MetLife’s Lawsuit Against the Financial Stability Oversight Council

Memo as part of Better Markets’ motion to give the public the transparency it deserves in MetLife vs. FSOC, MetLife’s lawsuit challenging the Financial Stability Oversight Council’s (FSOC) designation of the global insurance company as a possible systemic risk. The FSOC is the only entity responsible for identifying and reducing the threat to financial stability from non-banks like AIG and MetLife and ensuring that all regulators are working together to prevent financial crashes. This landmark case could define the government’s ability to prevent future financial crises like the 2008 crash for years to come.  

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