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 CFTC Global Markets Advisory Committee established a subcommittee on margin requirements for uncleared swaps.

A CFTC proposal to extend the implementation date of initial margin requirements for 2020 and 2021 was published in the Federal Register.

A CFTC proposal amending uncleared swap margin regulations to exempt certain transactions from the European Stability Mechanism was published in the Federal Register.

The CFTC voted to propose amending its uncleared swap margin regulations to (i) extend the implementation date of initial margin requirements, and (ii) exempt certain transactions from uncleared margin requirements.

CFTC Division of Swap Dealer and Intermediary Oversight Director Joshua B. Sterling described the "Five Building Blocks" that make up the Division's approach to a "complete regulatory program."

The U.S. House Agriculture Subcommittee on Commodity Exchanges, Energy, and Credit considered testimony on international developments that could affect the U.S. derivatives markets.

SEC Commissioner Hester Peirce called on the agency to develop a culture for eliminating outdated rules.

SEC Commissioner Hester M. Peirce advised regulators to consider market-based, rather than legislative, solutions for socioeconomic issues.

The CFPB-proposed framework for certain periodic rule reviews was published in the Federal Register.