The Basel Committee on Bank Supervision and IOSCO deferred the final implementation phases of initial margin requirements for uncleared derivatives.
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SEC Chief Accountant Sagar Teotia identified several areas of accounting and financial reporting that will require "significant judgments and estimates" due to the evolving status of the COVID-19 pandemic.
The FDIC highlighted relief now available for small businesses under the Coronavirus Aid, Relief and Economic Security Act.
SEC Chair Jay Clayton announced that the SEC will not delay the June 30, 2020 compliance date for Regulation Best Interest despite the COVID-19 pandemic.
FINRA extended a pilot program for the review of clearly erroneous transactions in exchange-listed securities.