Witnesses testified before the House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises on governance issues and reporting and disclosure requirements.

The SEC Division of Corporation Finance granted no-action relief to a multinational insurance company form being considered an "ineligible issuer" under Rule 405 of the Securities Act.

New SRO rules, rule proposals and NMS plans were announced by the SEC. Click on the links below to view SEC notices of exchange rule changes and proposals for the week of September 19 - September 23.

The Board of Governors of the Federal Reserve System requested comments on a proposal to enhance risk-based capital requirements on financial holding companies engaged in activities related to physical commodities and merchant banking investments.

Treasury Secretary Jacob Lew testified that "the financial system [is] safer, more resilient, and supportive of long-term economic growth" as a result of the creation of the Financial Stability Oversight Council.