AIG says being considered for more regulation

Published October 02, 2012

| Reuters

American International Group Inc is being considered for more regulatory oversight by a federal panel looking at institutions crucial to the financial system, the insurer said on Tuesday.

AIG said it has been notified by the Financial Stability Oversight Council that it is being considered for designation as a "systemically important financial institution" under the Dodd-Frank reform laws.

(Reporting By Ben Berkowitz; Editing by Gerald E. McCormick)

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