The Treasury Department reestablished the Federal Advisory Committee on Insurance to provide advice and recommendations to the Federal Insurance Office from insurance experts, state regulators, and consumer advocates.
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The SEC solicited public comments on a request for exemptive relief from certain foreign financial institutions and their non-U.S. clients from mandatory U.S. Treasury clearing requirements.
U.S. Senator Elizabeth Warren warned that unprecedented corruption in the Trump administration threatened the foundation of American financial markets.
In an advisory on the listing and trading of event contracts, CFTC staff outlined expectations for designated contract markets on product design and surveillance.
The SEC and CFTC signed a Memorandum of Understanding to eliminate regulatory inconsistencies, foster lawful innovation, and streamline oversight across U.S. financial markets.