The MFA, SIFMA Asset Management Group and the Alternative Investment Management Association recommended that the CFTC examine "whether there are demonstrable concerns over excessive speculation" when revising its reproposed position limits rulemaking.
News & Insights
Republican staff members of the House of Representatives Financial Services Committee issued a report criticizing the Financial Stability Oversight Council's designation process for Systemically Important Financial Institutions.
The SEC announced that the International Financial Reporting Standards Taxonomy is now available on the Commission's website. The new taxonomy allows foreign private issuers to submit their financial statements in eXtensible Business Reporting Language.
The Department of Labor proposed a 60-day delay of the applicability date of the Fiduciary Duty Rule.
Financial Services Committee Chair Jeb Hensarling circulated a "Views and Estimates" document for markup. Once adopted, the document will be transmitted to the Budget Committee "to be set forth in the concurrent resolution on the budget for fiscal year 2018."