“Prudential Financial, Inc. confirmed today that it has been notified by the Financial Stability Oversight Council (FSOC) that the company has been designated a systemically important financial institution by a final vote. Under the Dodd-Frank Wall Street Reform and Consumer Protection Act, Prudential has 30 days to consider its response to FSOC’s determination.”
- American Banker – Prudential Named as Systemically Important Despite Firm’s Objections