The Board of Governors of the Federal Reserve System and the FDIC extended the annual resolution plan filing deadline for the four foreign banking organizations by one year.
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The SEC adopted final rules requiring security-based swap dealers and major SBS participants to provide and verify trade acknowledgments in security-based swap transactions.
President Obama vetoed a Congressional resolution of disapproval to prevent the Department of Labor's implementation of the final rule relating to the "Definition of the Term 'Fiduciary'; Conflict of Interest Rule – Retirement Investment Advice."
IOSCO published a final report and responded to comments it received on its proposed statement on Non-GAAP Financial Measures.
The Financial Crimes Enforcement Network reminded U.S. persons, and those with signatory authority over foreign financial accounts the aggregate value of which exceeds $10,000 at any time during a calendar year, to file their required reports on Foreign Bank and Financial Accounts (commonly known as "FBARs") by June 30, 2016.