The OCC proposed to rescind a June 2020 rulemaking that amended regulations implementing the Community Reinvestment Act for national banks. The OCC proposal would reinstate the 1995 rules adopted by the OCC, the Federal Reserve Board, the FDIC and the former Office of Thrift Supervision.
News & Insights
A broker-dealer settled FINRA charges for supervisory failures and disclosure inaccuracies in its equity and debt research reports.
On The Coinbase Blog, Chief Legal Officer Paul Grewal stated that the SEC issued a notice to Coinbase indicating the agency's intention to bring an enforcement action against Coinbase if it launched its proposed "Coinbase Lend" program.
In a final report, IOSCO issued guidance to assist regulators in their supervision of market intermediaries and asset managers' use of artificial intelligence and machine learning.
The Federal Reserve Board, FDIC and OCC extended the comment period for proposed risk management guidance concerning third-party relationships of banking organizations from September 17, 2021, to October 18, 2021.