SEC Investor Advocate Rick Fleming urged regulators and stock exchanges to increase the oversight of dual-class share structures, warning that these structures risk harm to investors and the public markets.
New York Attorney General Letitia James opposed CFPB proposals to increase reporting thresholds and reduce transparency under the Home Mortgage Disclosure Act.
The SEC charged and obtained an asset freeze against China-based traders for conducting a market manipulation scheme involving approximately 3,000 U.S.-listed securities.
The OCC, Federal Reserve Board, FDIC and National Credit Union Administration proposed (i) a policy statement on allowances for credit losses and (ii) guidance on credit risk review systems.
Municipal bonds research and analysis is now available on the Cadwalader Cabinet. The new topic pages are intended to help subscribers navigate municipal securities requirements.
The CFTC voted to propose amending its uncleared swap margin regulations to (i) extend the implementation date of initial margin requirements, and (ii) exempt certain transactions from uncleared margin requirements.
Federal Reserve Board Governor Lael Brainard highlighted "core" legal and regulatory challenges regarding stablecoin projects with international reach, such as Facebook's Libra.
