FINRA suspended a broker for recommending complex mortgage-backed bonds to an elderly customer.
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The Bank Policy Institute urged federal banking agencies to revise and consolidate information on country exposures currently collected on FFIEC reporting forms.
Senate Banking Committee Democrats urged banking regulators to release detailed data and analysis on the economic impacts of a proposed cut to the enhanced supplementary leverage ratio.
FINRA suspended a broker for failing to disclose a state consent order on multiple registration forms.
Senate Banking Committee Ranking Member Elizabeth Warren called on Lisa Cook, Chair of the Federal Reserve Board Committee on Financial Stability to activate the countercyclical capital buffer in light of "mounting systemic vulnerabilities" in the US financial system.