President Biden signed an Executive Order authorizing sanctions against those responsible for the overthrow of the democratically elected civilian government of Burma by military authorities on February 1, 2021.
News & Insights
A joint final rule by the banking regulators that codifies a 2018 Interagency Statement Clarifying the Role of Supervisory Guidance was published in the Federal Register. The OCC and CFPB published in the Federal Register their issuances of the rulemaking, to become effective on March 15, 2021.
In an Investor Alert, the SEC Office of Investor Education and Advocacy provided guidance for investors concerning rules that apply to margin account day trading.
In a Treasury hosted U.S. Financial Sector Innovation Policy Roundtable, policymakers, regulators and private sector experts discussed how innovations can eliminate redundancies, reduce costs, combat illicit use and promote financial inclusion.
FINRA reminded firms to strengthen their policies and procedures concerning detection, monitoring and reporting of potentially fraudulent low-priced securities activity.