The Board of Governors of the Federal Reserve System adopted a final policy statement that describes the framework that the Board will follow in setting the U.S. countercyclical capital buffer. The final policy statement was published in the Federal Register.
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SEC Chair Mary Jo White called for the SEC, FINRA and the exchanges to offer recommendations to adjust the "limit-up/limit-down" plan in order to reflect the sensitivity of exchange-traded products to disorderly market activity.
An ISDA published whitepaper outlined a set of principles for the standardization of derivatives market data, documentation and processing.
The SEC Division of Trading and Markets granted FINRA and numerous exchanges an extension of the implementation deadline for the Tick Size Pilot Program.
Senator Elizabeth Warren urged the Inspector General to investigate the DOJ's response to potential securities law violations allegedly related to the Financial Crisis of 2008. Senator Warren asked the FBI to release materials related to its investigative and prosecutorial decisions regarding the violations.