The Office of the Comptroller of the Currency issued two Notices of Proposed Rulemaking that would rescind the Fair Housing Data rule and simplify licensing requirements for community banks.
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The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation issued a proposed rulemaking to revise the supervisory framework by defining the term "unsafe or unsound practice" and establishing a uniform standard for "Matters Requiring Board Attention".
FINRA suspended a broker for removing and transferring confidential and proprietary firm information when he left to join a competing firm.
The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation issued a proposed rulemaking to eliminate "reputation risk" as a factor in evaluating financial institutions under their supervisory programs.
In bulletins updating examination procedures, the Office of the Comptroller of the Currency ("OCC") "eliminate[d] mandatory examination activities not required by statute or regulation to reduce supervisory burden for community banks."