The SEC appointed Renee Jones as its Division of Corporation Finance Director and John Coates as its General Counsel.
News & Insights
At a Financial Stability Oversight Council meeting on June 11, 2021, Federal Reserve Board Vice Chair for Supervision Randal K. Quarles encouraged the move toward the Secured Overnight Financing Rate and warned banks that the use of USD LIBOR quotes available after December 2021 for new products would create safety-and-soundness risks.
The Office of Information and Regulatory Affairs identified the SEC's short- and long-term regulatory priorities in its Spring 2021 Unified Agenda of Regulatory and Deregulatory Actions.
The SEC Office of Investor Education and Advocacy and the CFTC Office of Customer Education and Outreach cautioned investors on the risks associated with investing in a fund that has exposure to the Bitcoin futures market.
A CFTC Agriculture Advisory Subcommittee offered recommendations on the "Efficient and Effective Oversight of Changes to Agricultural Futures Contracts with Open Interest."