The Managed Funds Association urged the House Financial Services Committee to advance a number of rule changes to strengthen both public and private capital markets activities and "to continue to embrace alternative asset management as a driver of economic growth."
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SIFMA issued a statement in support of the "Improving Disclosure for Investors Act." The bill would require the SEC to adopt rules allowing regulated entities to deliver regulatory documents to investors using electronic delivery.
The OCC, the FRB and the FDIC intend to rescind a 2023 final rule that created a new framework for the implementation of the Community Reinvestment Act.
FINRA granted a firm's request for an exemption from certain trade reporting obligations for transactions executed on its Alternative Trading System.
The CFPB and a non-bank mortgage lender jointly filed a motion for vacatur of a prior settlement concerning "redlining."