ISDA CEO Scott O’Malia reported that ISDA continues to work with global policymakers to improve margining practices that can mitigate the impact of "extreme" volatility.
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In a podcast interview, OCC Comptroller Michael J. Hsu highlighted the importance of "inclusion" in the development of a regulatory framework for crypto activities.
Treasury announced that, after the necessary consultation with the FDIC and the SEC, it is providing a retail broker-dealer with a conditional exemption from certain Dodd-Frank recordkeeping requirements for certain of its qualified financial contracts.
In a supervision and regulation letter to institutions that have large derivatives portfolios and relationships with investment funds, the Federal Reserve Board reiterated previously issued expectations as to large banks' counterparty credit risk management and margin practices.
In a report on the CFPB's 2018 reorganization of its fair lending activities, GAO found that the CFPB did not sufficiently incorporate key practices for monitoring the implementation and effects of the organizational changes.