On behalf of the National Association of Insurance Commissioners (NAIC),1 we write today regarding the Board of Governors of the Federal Reserve System (Board) proposed rule on Enhanced Prudential Standards for Systemically Important Insurance Companies(SIICs).2 The NAIC respectfully submits the following comments to the Notice of Proposed Rulemaking and Request for Comment(NPR) published in the June 14, 2016 issue of the Federal Register.