The Board of Governors of the Federal Reserve System, the FDIC and the Office of the Comptroller of the Currency ("OCC" and, collectively, the "agencies") expressed their support of the March 2014 guidance on the "external audits of banks" by the Basel Committee on Banking Supervision ("BCBS"). While recognizing that the existing practices in the United States are broadly consistent with the BCBS guidance, the agencies also acknowledged that "differences exist between the standards and practices followed in the United States and the principles and expectations" in the BCBS guidance. For that

FINRA made "necessary conforming amendments" in order to merge its dispute resolution subsidiary, FINRA Dispute Resolution, Inc. with its regulatory subsidiary, FINRA Regulation, Inc. Specifically, FINRA made the following changes: (i) amended its Plan of Allocation and Delegation by NASD to Subsidiaries; (ii) amended the FINRA Regulation By-Laws to incorporate substantive and unique provisions from the FINRA Dispute By-Laws; (iii) deleted the FINRA Dispute Resolution By-Laws in their entirety; (iv) made conforming amendments to FINRA rules; and (v) increased the total number of directors who

The directors and officers of a bank were charged with engaging in schemes to conceal the extent of loan losses during the financial crisis.

Members who take "reasonable steps" to determine the registration and member status of previously exempt customers with whom they do business between January 1 and March 31 of 2016 will not be in violation of NFA Bylaws or Compliance Rules.

The Cabinet Regulatory Tracker provides a list of significant effective dates and comment deadlines. Click on the links below to view deadlines from January 15 through January 31.