A subcommittee of the House Financial Services Committee will examine the mission, operation and activities of the SEC Division of Economic and Risk Analysis, the Office of Credit Ratings, the Office of the Whistleblower, and the Office of Compliance, Inspections and Examinations.
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The NFA will provide information on the review process for margin models submitted by CFTC-regulated swap dealers.
Eighteen former officials of the Treasury Department urged the Treasury Secretary to reconsider the imposition of temporary and proposed anti-inversion regulations. Instead, they recommended lowering tax rates and establishing a "territorial system."
The Financial Stability Oversight Council updated its report on potential risks to financial stability that may arise from certain asset management products and activities.
FINRA reminded firms of their obligation to supervise sales of pension income stream products by their associated persons.