The Board of Governors of the Federal Reserve System adopted a final rule to amend its liquidity coverage ratio rule to include certain U.S. municipal securities as high-quality liquid assets.
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President of the Federal Reserve Bank of New York William Dudley praised the Federal Reserve Board for providing support to firms during the financial crisis and criticized efforts either to make the Board's monetary policy more formulaic or to subject the Board to greater political control.
IOSCO updated its information repository for over-the-counter ("OTC") derivatives central clearing requirements.
FIA, GFMA and ISDA provided feedback to the ESMA Discussion Paper on EU Financial Benchmarks Regulation.
The SEC announced new SRO rules, rule proposals and NMS plans.