The SEC Division of Examinations reminded regulated firms to apply the same standards of care to safeguard customer records at branch offices as with main offices.
News & Insights
FINRA proposed amendments to make permanent previously-issued COVID-related procedural relief that would allow video conference hearings before the Office of Hearing Officers and the National Adjudicatory Council.
The Congressional Research Service found a limited relationship between the recent failures of Silicon Valley Bank, Signature Bank and Silvergate Bank, and their exposure to the crypto market.
Republican leadership from the House Financial Services Committee requested information from the federal prudential regulators to help them determine whether there is a "coordinated strategy to de-bank the digital asset ecosystem in the United States."
Treasury recommended strategies to prevent "de-risking" - the "practice of financial institutions terminating or restricting business relationships indiscriminately with broad categories of clients, rather than analyzing and managing the risk of clients in a targeted manner."