SIFMA criticized SEC proposed amendments to Regulation Systems Compliance and Integrity that would cover entities for which Reg SCI was never intended.
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At a conference on digitization of financial services, Treasury Assistant Secretary for Financial Institutions Graham Steele highlighted the benefits and risks being considered as the government continues to explore a central bank digital currency as an option for upgrading money and payments infrastructure.
The CFPB extended the comment deadline on a request for information on (i) the business practices of data brokers and (ii) the collection and sale of consumer information. The new comment deadline is July 15, 2023.
Two broker-dealers settled FINRA charges for trade reporting and supervisory failures.
FINRA requested comment on a "concept" rule proposal to establish liquidity risk management requirements.