At a "Cyber Threats, Consumer Data, and the Financial System" hearing, the House Financial Services Subcommittee on Consumer Protection and Financial Institutions considered proposed legislation on cybersecurity.
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In updated FAQs on its Renewal Program, FINRA reminded broker-dealer firms on deadlines associated with Preliminary Statements, form filings and branch office fees.
The FDIC established a new Office of Minority and Community Development Banking to enhance efforts to help low- and moderate-income communities secure private sector investments.
The North American Securities Administrators Association extended its waiver of Investment Adviser Registration Depository system fees on state-registered investment adviser firms in 2022.
The Council of Institutional Investors expressed support for the "Accelerating Holding Foreign Companies Accountable Act" and the "Stock Exchange Improvement Act."