Perspectives Because I was a company actuary for 20 years before I became a regulator, I have a perspective that a lot of regulatory actuaries do not have. —  Thomas C. Foley 1996 – SOA –  Professional Standards Affecting Life Actuaries, Society of Actuaries – 18p Jim OBERSTAR. ( Minnesota Democratic–Farmer–Labor Party) – Also, as a follow…

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Antitrust We would have been subject to antitrust action had we tried to develop that in the profession alone; they had to be in the regulation. Departure from the past practice of avoiding antitrust laws can only happen when the regulators take the lead. The ASB cannot make these changes by itself.  —  Frank S.…

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