The FDIC and the SEC proposed a rule to govern the orderly liquidation of "covered brokers-dealers," or large broker-dealers that are subject to liquidation under Title II of the Dodd-Frank Act and not dissolution under the Securities Investor Protection Act ("SIPA").
News & Insights
SEC Commissioner Michael S. Piwowar discussed various SEC actions to improve the asset-backed securitization regulatory framework in the aftermath of the financial crisis. He also discussed steps the SEC has taken in order to remove excessive reliance on credit ratings.
The MSRB filed a rule change to extend the effective date of several amendments to the transaction reporting requirements of MSRB Rule G-14.
The FDIC Division of Depositor and Consumer Protection and Division of Risk Management Supervision will highlight new cybersecurity resources in a free webinar on March 9, 2016 from 2:00 p.m. - 3:00 p.m.
IOSCO staff identified key trends and examined potential risk areas in global financial markets in a report titled Securities Markets Risk Outlook 2016.