SEC Acting Chair Michael S. Piwowar focused on the "forgotten investor" in remarks delivered at the 2017 "SEC Speaks" Conference.
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In a letter to Federal Reserve Board Chair Janet Yellen, Financial Services Committee Chair Jeb Hensarling (R-TX) recommended that the Federal Reserve "should neither propose nor adopt any new rules until the U.S. Senate confirms a Vice Chairman for Supervision."
The CFTC Division of Swap Dealer and Intermediary Oversight granted time-limited no-action relief to Japanese-regulated swap dealers from the timing requirements relating to posting and collection of variation margin.
The SEC Investor Advisory Committee meeting will be held on March 9, 2017. The agenda includes review of SEC investor research initiatives, a FINRA 2016 financial capability study, academic research on financial literacy, and unequal voting rights of common stock.
The SEC announced an expedited program allowing eligible individuals to request that the SEC vacate collateral bars imposed against them.