SEC Commissioner Hester M. Peirce expressed support for SEC Chair Jay Clayton's initiative to review and amend outdated regulations.
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Based on a recent Consultation, ISDA found no consensus among market participants on whether contemplated amendments to certain floating rate options that reference an IBOR should include a fallback trigger.
An MSRB proposal amending interpretive guidance on certain disclosure obligations for municipal securities and municipal advisory activities was published in the Federal Register.
The SEC proposed rule amendments that would revise the description of business, legal proceedings and risk factor disclosures registrants are required to make under Securities Act regulations.
OFAC found two companies in violation of OFAC sanctions reporting rules for providing inaccurate or incomplete information.