The Office of the Comptroller of the Currency, the Federal Reserve Board and the FDIC amended the liquidity coverage ratio rule to treat liquid and readily marketable, investment-grade municipal obligations as high-quality liquid assets.
News & Insights
21958 News Results
The CFTC approved final amendments to clarify the duties of chief compliance officers. The final amendments also modified the content and submission requirements for a CCO annual report.
A broker-dealer agreed to pay approximately $8.9 million to settle SEC charges for failing to disclose a conflict of interest that affected approximately 1,500 of the broker-dealer's retail advisory accounts.
FINRA filed amendments to a proposed regulation governing the registration and qualification of broker-dealer personnel.
In a revised Policies and Procedures Manual, the Office of the Comptroller of the Currency clarified how its Community Reinvestment Act evaluation of certain banking organizations is impacted by evidence of discriminatory or other illegal credit practices.