U.S. Senate Committee on Agriculture, Nutrition and Forestry Chair Pat Roberts (R-KS) and Ranking Member Debbie Stabenow (D-MI) requested information from the CFTC on oversight of cryptocurrency futures and options.
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CFTC Chair J. Christopher Giancarlo introduced a "new paradigm" for measuring the size of swaps markets and contended that it should replace the notional amount as the measure of market size and risk.
The Office of the Comptroller of the Currency published a revised "Municipal Securities Rulemaking Board Rules" booklet of the Comptroller's Handbook.
An en banc panel of the Court of Appeals for the D.C. Circuit issued a ruling that the current single-member structure of the Consumer Financial Protection Bureau is constitutional.
Several Democratic members of Congress questioned the Consumer Financial Protection Bureau's decision to reverse course on implementation of its rule on payday loans.