WASHINGTON, April 25 (Reuters) - A top US bank regulator
opted not to consider new rules that would have imposed stricter
oversight on asset managers with sizeable investments in banks,
even as agency officials agreed the matter merited more
attention.
The Federal Deposit Insurance Corporation postponed votes on
two competing proposals that would have allowed the agency to
conduct more scrutiny on asset managers after it was clear
neither had the majority backing of the five-member board. But
officials said they planned to refine the proposals and continue
discussing oversight of asset managers with big bank stakes.