Federal Reserve Board Vice Chair for Supervision Michael S. Barr will lead a review of the supervision and regulation of Silicon Valley Bank following its recent failure.

The SEC Division of Trading and Markets granted no-action relief to a security-based swap dealer, allowing the firm to incorporate "certain annual reports and reviews for the first fiscal year after the Firm’s registration . . . into the reports and reviews for the Firm’s second fiscal year."

The Depository Trust and Clearing Corporation launched a "LIBOR Benchmark Replacement Index" resource to (i) provide users a means to view information on debt securities whose rate is currently based on LIBOR and (ii) establish a central resource depository for information about alternative indices.

In a "Primer" on bank capital requirements, the Congressional Research Service reviewed the current capital framework and highlighted regulatory policy issues.

Senate Banking Committee Chair Sherrod Brown (D-OH) and Committee members Senators Cortez Masto (D-NV) and Elizabeth Warren (D-MA) asked the American Bankers Association to design a plan to address an increase in "check washing" scams.