33 US Regulator Comments - Leonardi and Vaughn  CT Commissioner Leonardi Aug 2011  … well-intended but untested European regulatory changes, known as Solvency II … could weaken consumer protections …  Solvency II is a much-needed effort to modernize an …outmoded European regulatory regime…  NAIC CEO Vaughn Nov 2011  Our system is one that we re quite comfortable with… equivalence should be assessed on an outcomes basis.
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