An FDIC revised statement of policy regarding minority depository institutions that "updates, strengthens and clarifies" existing policies was published in the Federal Register.
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The CFTC Market Participants Division clarified certain requirements applicable to swap dealers using models to calculate certain aspects of the CFTC capital requirements.
SEC Commissioner Elad L. Roisman raised questions as to "materiality" in the context of the agency's legislative mandate, the lack of SEC expertise in environmental, social and governance matters, and the potential of a third-party standard setter in the development of an ESG disclosure framework.
A firm providing execution and routing services to broker-dealers and institutional customers settled FINRA and NYSE Arca charges for (i) effecting short sales without obtaining locates, (ii) reporting short sale transactions to the FINRA/NYSE trade reporting facility without short sale indicators and (iii) maintaining inaccurate blotters of its securities purchases and sales.
The Federal Financial Institutions Examination Council updated four sections and respective examination procedures in its Bank Secrecy Act / AML Examination Manual.