The Bureau of Economic Analysis will implement MFA recommendations to surveys of certain private funds to be conducted in 2017.
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FINRA proposed amendments to its rules to increase the ability of a broker dealer to take action to prevent the financial exploitation of senior citizens and other vulnerable adults.
House Financial Services Chair Jeb Hensarling asserted that a recent decision by the U.S. Court of Appeals requires the Consumer Financial Protection Bureau to comply with Executive Orders that apply to executive agencies.
Federal Reserve Bank of New York President and CEO William C. Dudley opined that in recent years, the financial services industry has suffered from "deep-seated cultural and ethical problems."
The Committee on Payments and Market Infrastructures and IOSCO requested comments on a consultative report that concerns the development of definitions and guidance for data elements to be used in reporting over-the-counter derivatives transactions.