MetLife won a ruling from a U.S. District Judge that it should no longer be on the "too big to fail" list. This means that it will no longer suffer from the extra regulation that goes with that designation, at least for as long as the judge's ruling remains in effect. The U.S. Government is expected to appeal. See Liz Moyer, "Business Day / MetLife Wins Battle to Remove 'Too Big to Fail' Label" (New York Times Online, Wednesday, March 20, 2016).
Unfortunately, the judge's opinion "was sealed," so we do not know why she or he ruled as they did.
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