Before the House Financial Services Committee, Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity, witnesses focused on treasury market volatility, treasury market liquidity, and the increase in US debt.
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SEC Chair Paul Atkins and Commissioners Hester Peirce, Caroline Crenshaw, and Mark Uyeda offered differing views on the agency's changing regulatory posture on crypto, enforcement and financial innovation.
At the 12th Annual Conference on Financial Market Regulation, SEC Chair Paul Atkins and Commissioner Hester M. Peirce stressed the importance of economic analysis in shaping regulatory policy and cautioned against regulatory overreach that could harm US capital markets.
The Financial Services Forum, American Bankers Association, Bank Policy Institute and SIFMA urged the Federal Reserve Board to take steps to "clarify the operation of the 2025 stress test cycle and related stress capital buffer requirements to avoid unnecessary uncertainty."
FINRA suspended a broker for recommending unsuitable annuity contracts and for related recordkeeping failures.