The Congressional Research Service reviewed recent proposals by the Federal Reserve Board to reduce "Enhanced Prudential Regulation" requirements for banks with over $50 billion in assets.
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ISDA CEO Scott O'Malia encouraged regulators and policymakers to reduce certain "burdensome" requirements that will be enacted on the forthcoming implementation of initial margin "Phase Five."
The MSRB proposal to eliminate the requirement that an up-to-date copy of the MSRB Rulebook be kept in each office was published in the Federal Register.
FINRA proposed two rules that would impose additional obligations on firms with "significant histor[ies] of misconduct."
The Financial Crimes Enforcement Network warned financial institutions of public corruption in Venezuela, as well as of attempted money laundering by Venezuelan political figures.