The Managed Funds Association expressed general support for and responded to questions from a European Commission consultation document concerning an effective insolvency framework within the EU.
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The Board of Governors of the Federal Reserve System solicited comments on the proposed application of enhanced prudential standards for certain nonbank financial companies. The request for comments was published in the Federal Register.
The Board of Governors of the Federal Reserve System solicited comments on an advanced notice of proposed rulemaking regarding regulatory capital requirements for insurance companies. The request for comments was published in the Federal Register.
Senate Finance Committee Chair Orrin Hatch (R-UT) requested information on the use and administration of the Treasury Department's Section 1603 cash grants and energy tax credits from the Treasury, the Internal Revenue Service and the Treasury Inspector General for Tax Administration.
The SEC granted a limited exemption that permits companies to file structured financial statement data voluntarily in an HTML format known as Inline eXtensible Business Reporting Language.