FINRA published, and set compliance dates for, a new Supplemental Liquidity Schedule to the Financial and Operational Combined Uniform Single Report for "members with the largest customer and counterparty exposures."
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The FTC approved "largely technical changes" to five rules under the Fair Credit Reporting Act. The amendments clarify that the FCRA rules, as enforced by the FTC, apply only to motor vehicle dealers, since Dodd-Frank transferred authority for the regulation of other types of entities to the CFPB.
The OCC proposed to rescind a June 2020 rulemaking that amended regulations implementing the Community Reinvestment Act for national banks. The OCC proposal would reinstate the 1995 rules adopted by the OCC, the Federal Reserve Board, the FDIC and the former Office of Thrift Supervision.
A broker-dealer settled FINRA charges for supervisory failures and disclosure inaccuracies in its equity and debt research reports.
On The Coinbase Blog, Chief Legal Officer Paul Grewal stated that the SEC issued a notice to Coinbase indicating the agency's intention to bring an enforcement action against Coinbase if it launched its proposed "Coinbase Lend" program.