SEC Commissioner Hester M. Peirce urged those "who belong to the legacy financial system" to "embrace innovation and find ways to bring new voices and new visions into your institutions."
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The CFPB warned of the threat of widespread foreclosures and evictions following the end of government COVID-19 pandemic-related protections, absent further public or private action.
Federal Reserve Board Governor Lael Brainard called attention to the fragilities in the financial system that were made evident by the COVID-19 pandemic.
The effective date for the FDIC's issuance of a joint rulemaking that codifies a 2018 Interagency Statement Clarifying the Role of Supervisory Guidance was set for April 1, 2021.
DTCC proposed a method for shortening the U.S. trade settlement cycle from two business days to one business day.