Senator Elizabeth Warren (D-MA) asserted that sector consolidation and concentration have become challenges to market competition.
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The SEC announced new SRO rules and rule proposals. Follow the links in this article to view the SEC's notices of exchange rule changes and proposals from June 27 to July 1.
FINRA Chair and CEO Richard Ketchum noted FINRA initiatives to strengthen oversight programs, increase market transparency and educate investors.
In its annual Comprehensive Capital Analysis and Review, the Board of Governors of the Federal Reserve System evaluated the capital adequacy of large U.S. bank holding companies.
Senator Sherrod Brown (D-OH) and Representative Maxine Waters (D-CA) asserted that the FSOC's rescission of the designation of General Electric Capital Corporation as a systemically important financial institution proves that "FSOC is working just as Wall Street Reform intended: to protect working Americans from once again bailing out 'too-big-to fail' institutions."