The Federal Reserve Board proposed expanding the number of financial institutions that fall under the "netting" provisions of the Federal Deposit Insurance Corporation Improvement Act of 1991.
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The CFPB requested comment on a proposal "to raise the coverage thresholds for collecting and reporting data about closed-end mortgage loans and open-end lines of credit."
The SEC voted to propose rule amendments intended to improve the information disclosed regarding acquisitions and dispositions of businesses.
Financial Conduct Authority Executive Director for Strategy and Competition Christopher Woolard highlighted agency efforts to promote innovation in the financial services industry.
The SEC named Adam S. Aderton as the new co-chief of the Asset Management Unit's Enforcement Division.