Federal Reserve Board Chair Jerome H. Powell swore in FRB Governor Philip N. Jefferson as Vice Chair, and FRB Governor Lisa D. Cook and Dr. Adriana D. Kugler as Board members.
A broker-dealer settled charges with FINRA for failing to properly oversee the outside business activities of two of its representatives.
The SEC set an effective date of September 5, 2023 for final disclosure requirements on cybersecurity risk management, governance, strategy and incident reporting by public companies.
The SEC adopted final disclosure requirements on cybersecurity risk management, governance, strategy, and incident reporting by public companies.
A foreign banking organization settled charges with the Federal Reserve Board for failing to address known risks associated with a client investor that had an “increasingly concentrated [total return swaps] portfolio.”