The New York State Supreme Court dismissed state claims against ExxonMobil Corporation for misleading investors on potential costs related to climate change risk.
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The Committee on Payments and Market Infrastructures and IOSCO reported that there is increasing coordination among global financial authorities in overseeing financial market infrastructures.
A Federal Reserve Board proposal to establish capital requirements for certain supervised insurance companies was published in the Federal Register.
In testimony before the Senate Committee on Banking, Housing and Urban Affairs, SEC Chair Jay Clayton described progress on the agency's FY 2019 initiatives.
A former U.S. Representative for New York's 27th Congressional District, his son and a third individual settled SEC charges for insider trading.