Financial Stability Board Chair Andrew Bailey warned international finance ministers and central bank governors that incomplete and uneven implementation of global financial reforms undermines resilience and leaves the financial system exposed to future shocks.
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Treasury Secretary Scott Bessent outlined the Administration’s plan to revitalize community banks as part of a broader effort to reduce regulatory burdens.
FINRA informed member firms that those using its E-Signature system may now rely on the Central Registration Depository to meet record retention requirements for registration form filings.
SEC Chair Paul S. Atkins argued for a fundamental reassessment of the shareholder proposal process to reverse the decline in U.S. public companies. He called for simplifying disclosure rules, depoliticizing shareholder meetings, and reforming securities litigation.
FINRA suspended a Financial and Operations Principal for causing his firm to file inaccurate financial reports and operate below its required net capital levels.