In the U.S. District Court of the Northern District of California, an automobile manufacturer settled SEC charges for making misleading statements in connection with corporate bond offerings in 2014 and 2015.
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CFPB Director Rohit Chopra argued that the FDIC's proposed policy on bank merger review aims to restore "a comprehensive assessment of the impact on local residents and small businesses."
SEC Commissioner Hester M. Peirce criticized the SEC for failing to "genuine[ly]" engage with the public in its rulemaking process.
The SEC issued an Order staying its climate reporting rules for public companies in light of the fact that "petitions seeking review of the Final Rules were filed in multiples courts of appeals."
In a Consultation Report, the International Organization of Securities Commissions examined the impact to supervised exchanges from recent shifts toward "demutualization," outsourcing and the diversification of activities such as data services and technology provision.