The SEC proposed amendments to modernize its rules and forms governing registered transfer agents, reflecting technological advances such as electronic recordkeeping and blockchain.
News & Insights
House Republicans introduced legislation that would place the CFPB under the regular congressional appropriations process and impose new statutory limits on its supervisory and enforcement powers.
NFA amended its business continuity rule and the related interpretive notice to let members use cloud-based applications as their primary or back-up data recovery sites instead of physical locations, effective immediately.
New Jersey Attorney General Jennifer Davenport petitioned the U.S. Supreme Court to decide whether prediction-market platforms can offer sports wagers under CFTC registration without complying with state gambling laws.
The Bank Policy Institute, the American Bankers Association, and the Financial Services Forum expressed support for an FDIC proposal to streamline resolution planning requirements for covered insured depository institutions by raising the applicability threshold and reducing content requirements; the Independent Community Bankers of America backed the higher threshold but said the rest of the proposal cuts too deep.