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March 31, 2016

Corporate Crime Reporter: Sunlight is the Best Disinfectant — Better Markets Renews Call for MetLife Transparency

“Better Markets filed in court an updated version of its still-pending request for transparency in MetLife v. Financial Stability Oversight Council. On March 30, 2016, the U.S. District Court for the District of Columbia announced that it had filed an opinion under seal, explaining its basis for granting partial summary judgment to MetLife and rescinding the designation of MetLife as a systemically important financial institution.”

“A redacted, public version of that opinion is expected in early April, after the parties propose redactions.

“Better Markets previously moved to intervene in this action, proposing a process that would subject all the existing redactions to careful scrutiny so that the public would have access to the record in this important case.”

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Read the full Corporate Crime Reporter article here.

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