MetLife Inc. v. Financial Stability Oversight Council

MetLife Inc. v. Financial Stability Oversight Council, 177 F. Supp. 3d 219 (D.D.C. 2016), is a case that challenged the systemically important financial institution rules in Dodd-Frank. U.S. District Judge Rosemary Collyer ruled that MetLife could shed its Sifi designation, after concluding FSOC's designation was "arbitrary and capricious". FSOC subsequently launched an appeal but decided to drop the case in January 2018.