Federal Reserve Vice Chair for Supervision Michelle W. Bowman reviewed recent supervisory and regulatory reforms and shared her views on current monetary policy.
News & Insights
The SEC approved an amendment to the National Market System Plan Governing the Consolidated Audit Trail to eliminate the requirement for the Central Repository to collect and store a customer's personally identifiable information.
The Securities and Exchange Commission temporarily suspended trading in the securities of a British Virgin Islands-incorporated holding company due to potential market manipulation.
The Conference of State Bank Supervisors urged Senate Banking Committee leadership to add additional restrictions on stablecoin issuers in the "Digital Asset Market Clarity Act" and to preserve state authority.
Senate Banking Committee Chair Tim Scott released a bipartisan amendment, "in the nature of a substitute" to improve the "Digital Asset Market Clarity Act," a bill to establish a comprehensive regulatory framework for digital assets.