The Federal Reserve Board stress tests indicated that large banks would be able to remain sufficiently capitalized during a severe recession.
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The MFA expressed concern with the proposed Consolidated Audit Trail fee schedule funding model.
SEC Division of Economic and Risk Analysis Acting Director and Chief Economist Scott Baugess discussed the development and use of artificial intelligence in financial regulation.
Federal Reserve Board Governor Jerome Powell, Acting Comptroller of the Currency Keith A. Noreika, and FDIC Chair Martin Gruenberg testified at a hearing on "Regulation and Economic Growth" held by the Senate Committee on Banking, Housing, and Urban Affairs.
FINRA filed a proposed rule change that would waive Trade Reporting and Compliance Engine fees for certain transactions that occurred between February 16 and February 17, 2017. The fees were incurred as the result of a system issue.