In testimony before the House Financial Services Committee, OCC Comptroller Jonathan Gould signaled a significant break from the regulatory posture that followed the 2008 financial crisis.
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SEC Chair Paul Atkins emphasized the importance of the Investment Advisory Committee's review of how passive investment funds vote their shares - and the influence of proxy advisors on that vote.
SEC Commissioner Hester Peirce posited that securities regulation should not reach neutral blockchain infrastructure, open-source code, or non-custodial DeFi tools, and should instead apply to centralized actors that hold or control other people's securities and funds.
Vice Chair for Supervision Michelle Bowman testified that the Federal Reserve has recalibrated a range of bank capital and supervisory requirements after review of outstanding supervisory matters.
National securities exchanges and FINRA proposed price-band protections to curb extraordinary volatility during overnight stock trading, limiting how far prices may move between 9:00 p.m. and 4:00 a.m.