WASHINGTON – U.S. regulators disagreed sharply about whether to remove American International Group Inc. from federal oversight, including over whether Friday's vote to release the company was legal, documents released Monday show.
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The Financial Stability Oversight Council of senior financial regulators released the insurer -- which received a financial-crisis bailout of more than $180 billion -- from its designation as a "systemically important financial institution" in a divided vote last week. But it didn't disclose the basis for the decision or statements from individual regulators.
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(END) Dow Jones Newswires
October 02, 2017 19:27 ET (23:27 GMT)