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May 12, 2023

SEC Commissioner Mark T. Uyeda warned that rapid change to securities regulations can have wide-spread consequences and that the benefits of globalizing capital markets can only be achieved through "responsible regulation."

May 02, 2023
Commentary by Sebastian Souchet

In a Report to the House Financial Services Committee, GAO found that poor liquidity and risk management practices were factors contributing to the failure of Silicon Valley Bank and Signature Bank. GAO said that regulators identified these risks, but failed to sufficiently address them.