And now, regulators are examining the funds and asking whether they worked as advertised.
In return, regulators have asked his company to submit a plan by May for reducing its debts.
Even if your application is duly made your regulator may ask you for further information.
But the story of the Gokals provides one answer to the question many regulators have asked: Where did all the money go?
The problem is not that the firms cannot afford to pay what the regulators are asking.
But popular target-date mutual funds have badly missed the mark and now regulators are asking why.
Now American insurance companies and regulators are asking troubling questions: Just how big a natural disaster is possible?
But now scientists and Federal regulators are asking whether the vaccine should be used at all in healthy children.
That should be the easiest step, but regulators have asked Lockheed for more information before deciding.
Pfizer fell $1.09, to $45.03, after regulators asked the company to withhold an experimental drug from patients.