CFTC Commissioner Christy Goldsmith Romero decried the unchecked Wall Street's risk-taking that required Treasury bailouts in the past, and she highlighted the need for regulators to reduce "systemic or sub-systemic" risk.
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In a supplemental comment letter, SIFMA reiterated its position that the SEC should reconsider the proposed fee split set out in the Consolidated Audit Trail Executed Share Funding Model.
The SEC reopened the public comment period for 11 proposed rulemakings and one Request for Information due to a technical error that prevented the SEC from receiving many of the submissions.
In response to the CFTC's Request for Information on climate-related risk, FIA said that additional CFTC regulation is not necessary to ensure that supervised institutions are properly accounting for ESG factors.
The Louisiana State Treasury notified one of its advisers that it will liquidate investments with the adviser by the end of 2022 over concerns the adviser's support of ESG policies would be detrimental to the state's economy.