The SEC simplified certain disclosure requirements considered duplicative or outdated because of changes in U.S. Generally Accepted Accounting Principles.
FINRA proposed implementing a $5 million cap on reported trade size for all agency debt securities. The proposal removes the current distinction between investment and non-investment grade transactions.
FINRA proposed limiting the technological connectivity options that are available to members for reporting transactions in the Trade Reporting and Compliance Engine.
The Consumer Financial Portection Bureau final amendments that will exempt certain financial institutions from the requirement of providing privacy disclosures under Regulation P were published in the Federal Register.
The U.S. Treasury Office of Foreign Assets Control designated one individual and three entities for their roles in facilitating illicit shipments on behalf of North Korea.
A financial group agreed to pay a total of $10.5 million to settle separate SEC enforcement actions against two affiliated entities for supervisory and recordkeeping deficiencies and internal accounting control failures.
In a Compliance Advisory, the MSRB highlighted several factors for broker-dealers and municipal securities dealers to consider when evaluating internal policies and procedures.
In a new consultative report, the Committee on Payments and Market Infrastructures and IOSCO outlined potential governance arrangements for OTC derivatives data elements.
