Office of Financial Research Director Richard Berner outlined an "initiative to reduce the regulatory reporting burden."
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The CFTC extended the comment period for a proposal that would adopt capital requirements for swap dealers and major swap participants not subject to the capital rules of a prudential regulator.
The SEC Division of Corporation Finance granted no-action relief to Voya Financial Advisors, Inc. from being considered an ineligible issuer, subject to certain conditions.
CFTC Acting Chair J. Christopher Giancarlo asserted that the CFTC must "reinterpret its regulatory mission" by (i) fostering economic growth, (ii) enhancing U.S. financial markets and (iii) "right-sizing its regulatory footprint."
The Office of the Comptroller of the Currency requested comments on a "Licensing Manual Draft Supplement" that outlines how the agency applies licensing standards and requirements to financial technology companies.