NASAA requested comment on proposed revisions to its Statement of Policy Regarding Real Estate Investment Trusts. The deadline for public comment is August 11, 2022.
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Senate Banking Committee Ranking Member Pat J. Toomey (R-PA) urged regulators to adopt policies that facilitate innovation and consumer choice through the development of a healthy competitive market.
In a letter to the CFPB, the American Bankers Association warned that shifting the liability for fraudulent payments on peer-to-peer instant payment systems to institutions will likely have negative consequences.
Senator Elizabeth Warren (D-MA) urged the CFPB to take action against the "rampant fraud" on the peer-to-peer instant payment platform Zelle.
SIFMA recommended that Congress craft legislation on regulating digital assets that (i) prioritizes investor protections, (ii) applies a technology-neutral approach and (iii) follows the "same activity, same risk, same regulatory outcome" principle.