AIG is no longer 'too big to fail' US regulators agree
American International Group slipped out from under the
regulatory thumb imposed by the administration of former President
Barack Obama today after the Financial Stability Oversight Council
voted to remove the global insurer from the "too big to
fail" category.
Late today, the council posted a notice declaring that it had
voted 6-3 to release New York-based AIG from the systemically
important financial institution, or SIFI, regulatory regime.
The council, set up under the 2010 Dodd-Frank law tha
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