CFPB Director Rohit Chopra praised the mortgage borrowing standards implemented by the CFPB following the 2008 financial crisis. He claimed that recent court cases raising questions about the legitimacy of the CFPB's regulations were "destabilizing" to the housing system.
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SEC Commissioner Mark T. Uyeda touted the benefits of new technologies for markets, investors and regulators. He argued that "[j]ust because something is new does not mean that regulators should fear it and preclude financial institutions from utilizing it."
CFTC Commissioner Christy Goldsmith Romero re-proposed establishing a National Financial Fraud Registry and urged state regulators to make greater use of technology.
The Financial Information Forum asked FINRA for clarification on new requirements for order routing disclosure reports for OTC and National Market System equity securities orders.
FinCEN reported on trends in Bank Secrecy Act data related to suspected evasion of Russia-related export controls.