The CFTC Office of the Inspector General highlighted significant deficiencies in the agency's Data Governance Program and advised the CFTC to either update the existing Integrated Surveillance System platform or transfer to a better platform.
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CFTC Commissioners addressed the relationship between climate change and the global financial system.
Sixty-five Democratic representatives called on CFPB Director Kathy Kraninger to rescind a recent proposal that would limit lending information collected under the Home Mortgage Disclosure Act rules.
OFAC imposed sanctions on a financial conduit of the Iraq-based Islamic Revolutionary Guard Corps-Qods Force for trafficking weapons to Qods Force-backed Iraqi militias.
SIFMA supported a FINRA-proposed pilot program for reporting block trades in corporate bonds. SIFMA cautioned that the complexity of the program "may have significant negative impacts on the corporate bond markets."