In a supervision and regulation letter to institutions that have large derivatives portfolios and relationships with investment funds, the Federal Reserve Board reiterated previously issued expectations as to large banks' counterparty credit risk management and margin practices.
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OFAC authorized certain transactions necessary for the transfer of noncommercial, personal remittances to Afghanistan.
In its annual report, the SEC Office of the Advocate for Small Business Capital Formation identified trends in how entrepreneurs and investors raised capital in fiscal year 2021.
The FDIC refuted a joint statement made by CFPB Director Rohit Chopra and FDIC Board member Martin J. Gruenberg that the FDIC Board had approved a request for information and comment on bank merger transaction rules, guidance and statements.
The CFTC charged a resident of Puerto Rico and his firm with trading on material nonpublic information on gas futures received from an insider at an energy company.