The Office of the Comptroller of the Currency rescinded its Fair Housing Home Loan Data System regulation, which required certain national banks to collect and report home loan application data.
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SEC Chair Paul Atkins reaffirmed the agency’s commitment to using AI-enabled tools and systems, asserting that the technology enhances market transparency, supports capital formation, and strengthens regulatory capabilities.
A firm settled FINRA charges for providing customers with misleading information about participation in the firm's securities lending program and for related supervisory failures.
The American Bankers Association recommended regulatory policies to help financial institutions defend against current and emerging generative AI–driven attacks.
FINRA adopted amendments to its trade reporting rules to provide a limited, temporary exception from reporting requirements for specified overnight transactions prior to 8:00 a.m. Eastern Time.