The SEC Division of Corporation Finance granted no-action relief to a bank holding company from being considered an "ineligible issuer" under the definitions section of Securities Act rules on registration statements and prospectuses.
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The comment deadline was officially set for the SEC's proposed (i) amendments to current requirements on clearing agencies' risk-based margin systems and (ii) new rule on the content of clearing agencies' recovery and wind-down plans. The July 17, 2023 comment deadline was published in the Federal Register.
Senior officials from the Bank of England, the FDIC, the CFTC, the SEC and the Federal Reserve Board reviewed joint progress on central counterparty resolution issues and on the development of detailed operational planning to support prototype resolution strategies for UK and U.S. CCPs.
An SEC and FDIC final rule governing the orderly liquidation of "covered broker-dealers" was published in the Federal Register.
The SEC and the FDIC finalized a rule governing the orderly liquidation of "covered broker-dealers."