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Hill Staffers Resources for Regulatory Reform

PCI is committed to providing information and resources to assist Congressional leaders and Hill Staffers with financial services regulatory reform. PCI is also working to advance appropriate solutions to address the current economic crisis and prevent unintended negative consequences for the insurance industry.

If you have any questions and/or comments regarding financial services regulatory reform, please contact Nathaniel Wienecke, PCI senior vice president for federal government relations in the Washington, D.C. office at 202-639-0499.

Systemic Risk Definition Document
PCI developed a document for congressional committee staffs outlining potential definitions of "systemic risk" for use by Congress as it begins considering the scope of potential legislation. The definition was developed in consultation with the PCI Board Committee on Financial Services Regulatory Reform.

Dodd-Frank Act Implementation

Federal Reserve Final Rule - Assessments for BHCs and S&LHCs
FIO Annual Report on the Insurance Industry - June 2013
Treasury, FIO Comment Request - Study on Natural Catastrophes and Insurance
> PCI Comments
Federal Reserve Final Rule - Definitions of Predominantly Engaged In Financial Activities”
HUD Final Rule - Fair Housing Act’s Discriminatory Effects Standard (Disparate Impact)
CFPB Final Rule - Mortgage Servicing RESPA (Reg X); Force-Placed
CFPB Final Rule - Mortgage Servicing TILA (Reg Z); Force-Placed
FIO Comment Request - Reinsurance Report
> PCI Comments
CFTC/SEC Final Rule - SWAP Definitions
FSOC - Nonbank Hearing Procedures Comment Request
Treasury - Assessment Fees on Large BHC and Nonbanks Supervised by the Federal Reserve
FDIC Final Rule: Mutual Insurance Holding Company Treated as Insurance Company
FSOC Final Rule - Authority to Require Supervision and Regulation of Certain Nonbank Financial Companies
Joint Proposal - Prohibitions on Proprietary Trading and Relationships with Hedge Funds [Volcker Rule]
> Joint Proposal PCI Comments
CFTC - Prohibitions on Proprietary Trading and Relationships with Hedge Funds [Volcker Rule]
CFPB Comment Request - Information Collection
> PCI Comments
Federal Reserve Final Rule - Regulation Y Capital Plans for Large Bank Holding Companies
FDIC/FRB Final Rule - Resolution Plans Required
FIO Comment Request - How To Improve U. S. Insurance Regulation
> PCI Comments
> Joint Industry Comments - Underserved Communities
FSOC Second NPR - Authority to Require Supervision and Regulation of Certain Nonbank Financial Companies
> PCI Comments
2011 Securities and Exchange Commission Summary Report on Credit Rating Agencies (NRSROs)
Federal Reserve - Comment Request on S&L Holding Company Reporting Requirements
First Annual Report of the Council of Inspectors General on Financial Oversight
FDIC Final Rule - Certain Orderly Liquidation Authority Provisions
OTS NPR - Incentive-based Compensation Arrangements
> PCI Comments
Federal Reserve - Notice of Intent To Apply Certain Supervisory Guidance to S&L Holding Companies
> PCI Comments
FDIC NPR - Orderly Liquidation Authority
Federal Reserve - Studies Regarding the Resolution of Financial Companies Under the Bankruptcy Code
FHFA ANPR - Federal Home Loan Bank Membership
> PCI Comments
FSOC NPR - Authority To Require Supervision and Regulation of Certain Nonbank Financial Companies
> PCI Comments
PCI Letter to President Obama on FSOC Insurance Appointees
CFTC/SEC - Definitions Contained in Title VII of Dodd-Frank Act [Swaps/Derivatives]
> PCI Comments
FSOC - Study of the Prohibitions on Proprietary Trading, Hedge Funds and Private Equity Funds [Volcker Rule]
> PCI Comments
FSOC ANPR - Authority To Require Supervision and Regulation of Certain Nonbank Financial Companies
> PCI Comments
SEC - Disclosure for Asset-Backed Securities Required by Section 943 of the Dodd-Frank Act
FDIC - Orderly Liquidation Authority Provisions of the Dodd-Frank Act
> PCI Comments
SEC - Study Regarding Compliance with Section 404(b) of the Sarbanes-Oxley Act

Other Related Systemic Risk Documents
Dodd-Frank Act Enacted | July 21
PCI Bulletin: Restoring American Financial Stability Act of 2010 | May 21, 2010
Restoring American Financial Stability Act of 2010 | May 20, 2010
PCI Comparison of House and Senate Regulatory Reform Bills | May 20, 2010
PCI Summary Chart of Senate Amendments | May 18, 2010
Highlights of Senate Banking Chairman Dodd's Regulatory Reform Bill | March 15, 2010
Detailed Summary of Senate Banking Chairman Dodd's Regulatory Reform Bill | March 15, 2010
Abbreviations for Senate Banking Chairman Dodd's Regulatory Reform Bill | March 15, 2010
HR 4173 - Wall Street Reform and Consumer Protection Act of 2009
Highlights of Wall Street Reform and Consumer Protection Act of 2009 - HR 4173
Highlights of Senate Banking Chairman Dodd's Regulatory Reform Bill
PCI House Regulatory Reform Bill Contents
PCI Summary of Adopted HFSC Amendments to HR 3996
PCI Summary of FIO
Detailed Summary of Senate Banking Chairman Dodd's Regulatory Reform Bill | November 12, 2009
Summary of the House Federal Systemic Risk Legislation
PCI Letter to House Financial Services Committee
Treasury/Administration - Systemic Risk Legislation
Summary of the Treasury's Office of National InsuranceLegislation
Summary of the Administration's Systemic Risk Legislation
Summary of the Obama Administration's Executive Compensation Legislation
PCI Systemic Risk Measurement
PCI Systemic Risk Supervision Chart
PCI OII-ONI Amendment Description
Administration's Financial Regulatory Reform Proposal
Summary of the Administration's Regulatory Reform Proposal - Insurance Related Provisions
Fact Sheet of Administration's Financial Regulatory Reform Proposal - Insurance Related Provisions
PCI Resolution Authority - Priority Issues
Impairment Experience of the Financial Services Industry
Treasury - Systemic Risk Resolution Bill Draft
HR 1408 - Financial Services Antifraud Network Act of 2001
PC Insurance Line Systemic Risk Grouping
PC Market Concentration Analysis

Systemic Risk Oversight Proposals & Background
PCI Study: Systematic Solution, Not Systemic Problem | June 1, 2011
PCI Letter to Reid & McConnell on Amendment SA 3922 | May 17, 2010
PCI Letter to Reid & McConnell on Amendment SA 4012 | May 17, 2010
NERA White Paper: De-Mystifying Interconnectedness | April 23, 2010
NERA White Paper Abstract: De-Mystifying Interconnectedness | April 23, 2010
PCI Testimony on Insurance Holding Company Supervision | March 18, 2010
NERA White Paper: Problems With Reliance On Firm Size For Systemic Risk Determination | January 18, 2010
NERA White Paper Abstract: Problems With Reliance On Firm Size For Systemic Risk Determination | January 18, 2010
PCI White Paper on Systemic Risk Analysis
PCI Member Janice Abraham Testifies Before House Financial Services Committee
PCI Member J. Douglas Robinson Testifies Before U.S. House Small Business Committee
PCI Senate Testimony on Systemic Risk Regulation
PCI House Financial Services Committee Testimony on Systemic Risk
PCI Testimony on Regulatory Restructuring: Enhancing Consumer Financial Products Regulation
PCI Video: What are State Guaranty Funds?
PCI Testimony by David A. Sampson on Systemic Risk and Insurance
PCI Testimony by Bob DiMuccio on Perspectives of Systemic Risk
Systemic Risk Regulation Proposal
Regulatory Distinctions Between Solvency & Systemic Risk Regulation
Financial Obligation Insurance: Systemic Risk Differences
How Guaranty Funds Work

Information Sharing Proposal & Background
Information Sharing Proposal
2007 Property Casualty Market Share

Other Financial Commentaries
The Economic Impact of a Solvency Crisis in the Insurance Industry
Options for Reducing the Risks of a Solvency Crisis in the Insurance Industry

Additional Regulatory Reform Resources
To assist in navigating the complex and evolving issues surrounding regulatory reform, PCI has compiled a list of resources pertaining to legislation, statutes, regulatory proposals, research and other related information.