The last of the SIFIs: Pru goes too

Tyler Davies

October 18, 2018 11:00 am

Prudential_Financial_PA_230x150 — Offices of the Prudential Insurance Co. in Newark, NJ off of Military park on Saturday, November 21, 2015. Prudential Financial has left strict regulatory oversight as the Financial Stability Oversight Council has removed the "systemically important" designation from the company. (Photo by Richard B. Levine) | Richard B. Levine/SIPA USA/PA Images

The US Financial Stability Oversight Council no longer has any systemically important financial institutions on its list, after voting to rescind the label for Prudential Financial this week.

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Tyler Davies