Does Dodd-Frank Work for Non-Banks? Insurance as the Test Case

Date: 

Tuesday, December 17, 2013

Time: 

10:30 AM to 11:30 AM

Venue: 

Bipartisan Policy Center

Address: 

1225 Eye St. NW
Washington
DC
20005

Attached files:

As implementation of Dodd-Frank continues, some questions remain. Does Dodd-Frank permit our financial regulatory system to effectively handle all types of financial institutions, or did it impose a bank-centric regulatory framework capable of causing major problems for non-banks? Do regulators appreciate the difference between banks and non-banks? Do they have the legal flexibility to make appropriate distinctions?

Senators Sherrod Brown (D-OH) and Mike Johanns (R-NE) believe that Dodd-Frank may need to be changed to avoid substantial harm to non-bank entities, such as insurance companies. These two senators have introduced bipartisan legislation to address this issue. BPC hosted a Bridge-Builder Breakfast to hear their perspective and learn about their proposed solution to this problem.


Featuring:

The Honorable Sherrod Brown
U.S. Senator (D-OH)

The Honorable Mike Johanns
U.S. Senator (R-NE)

Aaron Klein
Director, BPC's Financial Regulatory Reform Initiative

Moderated by:

Deborah Solomon
The Wall Street Journal