Senate Banking Committee Ranking Member Pat Toomey warned that it is "imperative" for the SEC to provide fair notice and fully comply with the Administrative Procedure Act if the agency is going to impose new requirements related to climate change.
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An Italian company settled potential civil liability for alleged violations of the Iranian Transactions and Sanctions Regulations.
After consideration of recent CFTC actions concerning a proposed gaming contract, CFTC Commissioner Brian D. Quintenz argued that a provision of the CEA was unconstitutional and that a related CFTC rule was invalid.
In a new white paper, the Alternative Reference Rates Committee detailed a suggested fallback formula from the U.S. dollar LIBOR ICE Swap Rate to a spread-adjusted Secured Overnight Financing Rate Swap Rate.
The New York State Department of Financial Services investigated allegations of discrimination against women in the underwriting of the Apple Card. NYDFS found no evidence of violations under fair lending laws.