Commentary by Steven Lofchie
In the U.S. District Court for the Southern District of New York, a pair of affiliated interdealer brokers settled CFTC fraud charges related to fictitious bids that had not been made and reported trades that had not occurred.
The Cabinet Regulatory Tracker is a list of comment deadlines, effective dates, expiration dates and reporting deadlines.
The Federal Reserve Board joined the "Network of Central Banks and Supervisors for Greening the Financial System."
FDIC Chair Jelena McWilliams described the agency's movement toward a technology-driven approach for bank supervision.
In a joint statement, the FRB and the OCC said they will not recommend enforcement action against swap dealers that are parties to certain legacy swaps in connection with the UK's departure from the EU.