Six financial and banking trade associations urged the Federal Reserve Board to recalibrate its proposed 2026 stress test scenarios to ensure they remain plausible and consistent with current market dynamics.
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SIFMA requested regulatory relief from the SEC's current interpretation of the agency's rules on prohibited transactions by investment advisers. SIFMA argued that the current transaction-by-transaction consent requirements hamper client execution.
A firm settled FINRA charges for failing to accurately report thousands of transactions to TRACE, omitting security prices from customer trade confirmations, and related supervisory failures.
The CFTC amended its Rules of Practice and investigative procedures. The revisions formalize settlement procedures, enhance investigative notice requirements and extend timelines for responding to charges.
The Federal Reserve, the OCC and the FDIC modified the enhanced supplementary leverage ratio standards applicable to U.S. global systemically important bank holding companies and their depository institution subsidiaries.