OFAC designated a Chinese company and two individuals to the Specially Designated Nationals and Blocked Persons List. The designations were linked to human rights abuse in the Xinjiang Uyghur Autonomous Region.
News & Insights
The U.S. House Committee on Financial Services considered testimony from CFPB Director Kathleen L. Kraninger on the Bureau's Spring 2020 Semi-Annual Report.
An SEC-proposed rule amending Form 13F to (i) modernize its data reporting framework, (ii) update the instructions for confidential treatment requests and (iii) raise the reporting threshold for institutional investment managers from $100 million to $3.5 billion was published in the Federal Register.
A Federal Reserve Board, FDIC, OCC, SEC and CFTC final rule amending the "covered funds" provisions of the Volcker Rule was published in the Federal Register.
FINRA proposed amendments to requirements for Firm Designated IDs under the Consolidated Audit Trail compliance rule, in order to be consistent with recent amendments approved by the SEC.