News Focus
News Focus
icon url

EZ2

08/23/16 12:19 PM

#115376 RE: **D*A** #115374

Might get some real LIFE or FALL here --- just not certain which!


MetLife 'SIFI' Case Set for Oct. 24 Hearing
DOW JONES & COMPANY, INC. 12:18 PM ET 8/23/2016
Symbol Last Price Change
MET 40.66up +0.36 (+0.89%)
QUOTES AS OF 12:18:31 PM ET 08/23/2016

A federal appeals court will hear oral arguments Oct. 24 on the Financial Stability Oversight Council's attempt to reinstate federal oversight of MetLife Inc.(MET)

The council of senior U.S. regulators is appealing a lower-court decision that overturned the designation of MetLife(MET) as a "systemically important financial institution," or SIFI. The U.S. Court of Appeals for the District of Columbia issued an order Tuesday setting a hearing date for that appeal.

The council had been pressing for an expedited hearing of the case, which MetLife(MET) didn't oppose.

Write to Ryan Tracy at ryan.tracy@wsj.com


(END) Dow Jones Newswires
08-23-161218ET
Copyright (c) 2016 Dow Jones & Company, Inc.