The Financial Accounting Standards Board proposed updates to the U.S. Generally Accepted Accounting Principles financial reporting taxonomy.
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The CFTC proposed rule changes relating to the treatment of DCO registration requirements in a cross-border context.
The CFTC Division of Swap Dealer and Intermediary Oversight and Division of Clearing and Risk provided no-action relief and guidance on the treatment of separate accounts of a single beneficial owner by futures commission merchants.
FINRA provided guidance on enforcement credit for firms or individuals that provide "extraordinary cooperation" in investigations.
House Financial Services Committee Chair Maxine Waters said she will convene a full Committee markup of bills that would "make critical reforms to the broken credit reporting system."