Commentary by Steven Lofchie
At the 8th Annual Conference on Financial Market Regulation, SEC Commissioner Caroline A. Crenshaw identified private securities markets, Regulation Best Interest disclosures and the Consolidated Audit Trail as areas where the SEC should obtain more information to ensure data-driven rulemakings.
The Cabinet Regulatory Tracker is a list of effective dates and comment deadlines.
The Federal Reserve Board adopted an interim final rule to extend an exception for certain Paycheck Protection Program loans by bank executive officers, directors and principal shareholders.
FINRA highlighted practices which firms found effective for mitigating risks associated with customer account takeovers.
In its May 2021 Financial Stability Report, the Federal Reserve Board reviewed current conditions that may reflect vulnerabilities to the stability of the financial system.