Scalper1 News
Big caps Prudential Financial (PRU) and MetLife (MET) rallied Wednesday after the Senate approved a bill late Tuesday that gives Federal Reserve regulators more flexibility in how they apply capital rules to the biggest U.S. life insurers. The bill eases a Dodd-Frank Act provision that imposes bank-like capital standards on insurers that are deemed systemically important. Prudential was named systemically important last year and Scalper1 News
Scalper1 News