IOSCO reviewed its Sustainable Finance Task Force disclosure recommendations and proposed next steps "to improve the consistency, comparability, and reliability of sustainability reporting, with an initial focus on climate change-related risks and opportunities."
A firm settled FINRA charges for introducing representatives the firm was recruiting to a third-party vendor so as to obtain customer nonpublic personal information, in violation of the privacy policies of the representatives' previous employers.
In a speech on the digital economy, SEC Commissioner Hester M. Peirce emphasized both the constancy of the regulatory mission of the agency and the need for regulators to adapt their rules, and even their attitudes, so that investors can benefit from the improvements.
An online virtual currency trading platform entered into a settlement agreement with the Attorney General of the State of New York for misrepresenting the company's losses and falsely claiming that the currency was backed by the U.S. dollar.
The CFPB and state attorneys general of New York, Massachusetts and Virginia jointly sued a company and its owners for alleged predatory lending practices that primarily targeted non-English speaking immigrants.
The Federal Reserve Board adopted a final rule that expands the number of financial institutions that fall under the "netting" provisions of the Federal Deposit Insurance Corporation Improvement Act of 1991.