The Basel Committee on Banking Supervision and IOSCO ("BCBS-IOSCO") issued a statement on the implementation of derivatives margin requirements related to (i) benchmark reforms and (ii) initial margin thresholds. In the statement, BCBS-IOSCO indicates that amendments to "legacy" derivatives contracts "solely for the purpose of addressing interest rate benchmark reforms" do not bring trades into scope for relevant margin requirements. However, BCBS-IOSCO cautions that positions may be different under relevant implementing laws. In the statement, BCBS-IOSCO also addresses the 2019-2020 phased

FDIC General Counsel Charles Yi will leave the agency at the end of March. He has served in the role since January 2015. As General Counsel, Mr. Yi was involved in rulemakings, enforcement actions and litigation.

The FDIC created a new online Information and Support Center to help consumers understand their rights and make "well-informed" financial decisions. In addition, consumers may submit a request or complaint, check on the status of a complaint or inquiry, and securely exchange documents with the FDIC through the center's online platform. The FDIC announcement was made during National Consumer Protection Week, which continues through March 9, 2019.

The CFTC awarded more than $2 million to an individual whistleblower for information provided in connection with a CFTC action and a related action brought by another federal regulator. The Director of the CFTC Whistleblower Office Christopher Ehrman stated that the action illustrates that (i) a whistleblower need not be an "insider" and (ii) the CFTC can pay awards for related actions brought by other regulators.

In an Investor Bulletin, the SEC underscored the importance of exercising caution before buying or selling any stock after a trading suspension ends.