Shenzhen, an economically emerging city in southern China, issued 10 million digital yuan (or approximately $1.47 million) in a pilot program aimed at promoting the new form of currency.
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The CFTC Division of Market Oversight provided no-action relief from certain reporting requirements related to the shift in the discounting rate for cleared interest rate swaps.
Nissan Motor Acceptance Corporation, a nonbank auto financing corporation that originates and services auto loans and leases, settled CFPB charges for engaging in "wrongful repossession" and servicing activities.
FINRA and University of Chicago researchers found little change in actual investor risk tolerance levels during the pandemic, and an increased need for investor educational opportunities, particularly among minority communities.
The SEC named Jessica Kane and Tamara Brightwell, respectively, as Director and Deputy Director of its Division of Corporation Finance's Disclosure Review Program.