In a new staff report, the SEC Division of Economic and Risk Analysis considered the interconnections among six separate U.S. credit markets, and how three distinct types of stresses in each of the markets affected the products and participants during the COVID-19 pandemic.
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New York State Department of Financial Services Superintendent Linda A. Lacewell described how the agency is supporting state initiatives to combat climate change and continued to urge the insurance industry to factor these financial risks into management, operations and business strategies.
The MSRB proposed updates to its by-laws to reflect recent amendments to MSRB rules on membership and governance.
CFTC Commissioner Rostin Behnam and ISDA CEO Scott O'Malia offered regulatory recommendations to address climate-related financial market risk.
A travel assistance services company settled its potential civil liability with OFAC for apparent violations of the Cuban Assets Control Regulations.