Financial and trade associations urged Senate Democrats to reject proposed legislation that would impose a nationwide cap on fees and interest rates for consumer loans.
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The Office of the Comptroller of the Currency ("OCC") proposed rescinding its recovery planning guidelines for large insured banks and savings associations.
A firm settled FINRA charges for executing off-exchange trade-throughs and related supervisory failures.
A firm settled FINRA charges for inaccurate "fixed-income confirmations" and related supervisory deficiencies.
Senate Banking Committee Ranking Member Elizabeth Warren asked six large banks for details on their involvement in the Argentina "bailout" and whether there was any reliance on taxpayer-backed guarantees.