CFTC Commissioner Summer K. Mersinger asserted that the Basel III Endgame Proposal, if adopted, would have a significant negative impact on derivatives markets.
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The OCC, FRB and FDIC requested comment on a set of rules as part of a process to identify "outdated" or "unnecessary" regulatory requirements on insured depository institutions and their holding companies.
FDIC Director Jonathan McKernan expressed skepticism on the Basel Committee's proposed "endgame" for capital standards.
The MSRB amended the annual rate card fees for broker-dealers and municipal advisors in 2024.
In its Semiannual Risk Perspective, the OCC reported increased credit, market, operational and compliance risks during the first half of 2023.