The Office of the Attorney General of the State of New York initiated an inquiry into the policies and operations of virtual currency trading platforms.
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The Office of the Comptroller of the Currency, the FDIC and the Board of Governors of the Federal Reserve System proposed amending their capital rules to incorporate revised financial accounting standards for credit losses.
Federal Reserve Bank of New York Executive Vice President Michael Held expressed concerns about "excessive formalism" and rigid reliance on the standard risk management model.
On April 19, 2018, SIFMA's Credit & Margin Section will host its April Dinner at the India House Club in New York, NY.
President Donald J. Trump nominated Dan Berkovitz to serve as a CFTC Commissioner and Michelle Bowman and Richard Clarida to serve on the Board of Governors of the Federal Reserve System.