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12/18/14 6:49 PM

#100004 RE: **D*A** #99994

MetLife designated systemically important

Not much of a surprise, MetLife (NYSE:MET) is notified by the Financial Stability Oversight Council of its designation as a SIFI. Also no surprise, the company registers its "disappointment" over the move.
"As we have said many times, singling out two large life insurance companies [Prudential as well] for SIFI designation will harm competition, lead to higher prices and less choice for consumers, and ultimately could result in less financial protection for middle-class families who need it the most."
MetLife has thirty days to seek judicial review of the FSOC decision, and is considering its next move