SEC Director of the Division of Enforcement Stephanie Avakian highlighted efforts "to combat wrongdoing, compensate harmed investors, and maintain confidence in the integrity and fairness of our markets."
The FDIC requested information on whether a public/private standard-setting partnership and voluntary-certification program would benefit FDIC-supervised financial institutions seeking to employ new technologies.
The Federal Reserve Board, the FDIC, the OCC, the National Credit Union Administration and state financial regulators provided guidance to examiners for assessing the "safety and soundness" of a financial institution during the COVID-19 pandemic.
At an SEC Fixed Income Market Structure Advisory Committee meeting, SEC Chair Jay Clayton and Commissioners Elad L. Roisman and Hester M. Peirce addressed issuers concerning rating agencies, bond pricing, trade transparency and internal fund crosses.
In remarks to the Financial Stability Oversight Council, SEC Chair Jay Clayton offered observations on the current state of the capital markets and efforts undertaken by the SEC to mitigate systemic risk.
Federal Reserve Board Vice Chair for Supervision Randal K. Quarles and OCC Comptroller Joseph M. Otting described supervisory and regulatory actions to support "consumers, households and businesses" and ongoing efforts to strengthen the banking system.