The Investment Company Institute questioned the necessity of the SEC’s proposed amendments to the "Names Rule" in light of requirements which already prohibit misleading fund communications.
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The Managed Funds Association criticized an FSOC proposal that would eliminate “key aspects” of current interpretive guidance on the process for designating nonbank financial institutions for heightened Federal Reserve Board supervision.
FIA supported IOSCO’s recommendations to member jurisdictions on regulating crypto-asset activities under the fundamental principle “same business, same risks, same rules.”
SIFMA and the Financial Information Forum urged the SEC to better understand the "magnitude" of the costs associated with changing the funding model for the National Market System Plan Governing the Consolidated Audit Trail.
The Federal Reserve Board reported to Congress on cybersecurity risk management practices at financial institutions and efforts to address emerging risk.