In an updated version of its Consumer Compliance Examination Manual, the FDIC removed the evaluation of disparate impact from its fair lending reviews.
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The CFTC Division of Market Oversight reaffirmed that foreign boards of trade ("FBOTs") must register with the agency ("CFTC Rules Part 48 Registration of Foreign Boards of Trade") before providing direct access to US-based members or other US persons.
A coalition of more than 110 blockchain builders, investors and advocacy organizations urged Senate legislators to protect software developers and non-custodial service providers in upcoming market structure legislation.
FinCEN issued an advisory urging financial institutions to identify and report suspicious transactions tied to Chinese Money Laundering Networks.
In a series of comment letters, trade associations expressed support for reforms proposed by US banking regulators. The associations called for quick adoption and further adjustments to ease market constraints.