The Investment Adviser Association and the Investment Company Institute urged the SEC to update the "recordkeeping rule" under the Investment Advisers Act, a framework largely unchanged since 1961.
News & Insights
The Digital Chamber, a blockchain trade association, urged the OCC to adopt principles-based regulation, harmonize standards across prudential regulators, and avoid policy additions not contemplated by Congress under the GENIUS Act..
Federal Reserve Board Vice Chair for Supervision Michelle Bowman shared concerns on AI model risk management and described current regulatory efforts to balance safety without stifling innovation.
The SEC requested comment on whether to change security-based swap dealer registration thresholds after staff found that non-credit default swap activity now accounts for more than 99 percent of all security-based swap trading.
The Depository Trust & Clearing Corporation announced plans to begin its long-anticipated tokenization service with limited trades starting in July 2026, followed by a full commercial launch in October.