Prudential's 'Systemic' Label Upheld By Regulators

Prudential's 'Systemic' Label Upheld By Regulators

The Financial Stability Oversight Council has issued a final determination finding that Prudential Financial Inc. is to be designated as a “systemically important financial institution," opening the company up to a slew of new regulations, according to a Thursday filing with the U.S. Securities and Exchange Commission.

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