The House Financial Services Committee considered (i) testimony from federal banking regulators on a broad range of concerns and (ii) several proposed bills imposing additional requirements on financial institutions.
The SEC Division of Trading and Markets issued guidance to "facilitate applications" for certain substituted compliance based on the security-based swap requirements of a non-U.S. jurisdiction.
At a CFTC Energy and Environmental Markets Advisory Committee meeting, panelists described challenges that the diversification of energy generation resources pose for the derivatives markets.
U.S. prudential regulators' proposed rule amendments governing margin requirements for uncleared swaps and security-based swaps were published in the Federal Register.
The North American Securities Administration Association will continue to waive Investment Adviser Registration Depository system fees for state-registered investment adviser firms in 2020.
The Federal Reserve Board, Farm Credit Administration, Federal Housing Finance Agency and OCC proposed rule amendments governing margin requirements for uncleared swaps and security-based swaps.