ISDA found that an "overwhelming" majority of respondents preferred the "compounded setting in arrears rate" for the term adjustment to the applicable risk-free rate.

In a 2019 FDIC Risk Review, the agency highlighted credit and market risk as key threats to the banking industry.

FINRA requested comment on a proposal to report transactions of U.S. dollar-denominated foreign sovereign debt securities to the Trade Reporting and Compliance Engine.

The U.S. District Court in Hawaii sentenced a Micronesian government official to prison for conspiracy to commit money laundering.