Banking agencies set a comment deadline of September 19, 2023 for proposed risk management guidance concerning "reconsiderations of value" in real estate transactions.
News & Insights
At a hearing before the Senate Appropriations Subcommittee on Financial Services, Senator Joe Manchin (D-WV) challenged SEC Chair Gary Gensler on his intention to move forward on the proposed Climate Disclosure rule.
A special purpose acquisition company settled SEC charges for making false and misleading statements in connection with a planned merger with social media company, Trump Media & Technology Group.
House Financial Services Subcommittee Chair French Hill (R-AR), House Agriculture Committee Chair Glen "GT" Thompson (R-PA) and House Agriculture Subcommittee Chair Dusty Johnson (R-SD) introduced legislation to authorize the SEC and the CFTC to establish a registration framework for digital assets and support further research on emerging technologies.
SEC Chair Gary Gensler testified before the Senate Appropriations Subcommittee on Financial Services in support of a 2024 budget request of $2.436 billion for the agency.