FINRA reported that it will collect a total of $10,707,300 from member firms that report trades to the MSRB. The fee, to be collected in quarterly installments starting in April 2021, funds the Governmental Accounting Standards Board.
A U.S. Climate Finance Working Group made up of 11 associations that include ISDA, SIFMA, FIA and the American Bankers Association, laid out 10 recommendations "essential" for a U.S. transition to a sustainable low-carbon economy.
OFAC designated Ansarallah - a Houthi Shiite movement against the Yemeni Sunni government - to the Specially Designated Nationals and Blocked Persons List. Concurrently, OFAC issued four general licenses to authorize the provision of humanitarian assistance to the Yemeni people.
The SEC adopted amendments to "simplify, harmonize, and improve certain aspects of the exempt offering framework." The amendments expand the availability of exemptions in order to "promote capital formation while preserving or enhancing important investor protections."
The CFTC and the European Securities and Markets Authority entered into an "enhanced" Memorandum of Understanding which sets the scope of cooperation between the agencies and addresses regulatory, supervisory and operational issues concerning central counterparties.