Treasury Secretary Jacob Lew issued a statement arguing that a federal court's decision to rescind the determination that MetLife was a so-called "systemically important financial institution" leaves one of the "largest and most highly interconnected financial companies in the world subject to even less oversight than before the financial crisis."
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The CFTC solicited comment on proposed joint guidance with the SEC that relates to the appropriate treatment of certain peaking supply and capacity contracts. The CFTC request for comment was published in the Federal Register.
The SEC charged a Las Vegas casino a $9 million penalty for failing to properly document more than $62 million in payments to a consultant who facilitated business activities abroad.
The SEC solicited comment on a FINRA proposed rule on "NextShares," relating to the reporting of over-the-counter transactions in exchange-traded managed fund shares that are listed on the Nasdaq exchange. The request for comment was published in the Federal Register.
The Board of Governors of the Federal Reserve System solicited comment on revisions to rules that require global systemically important bank holding companies to hold additional amounts of risk-based capital. The Notice of Proposed Rulemaking was published in the Federal Register.