Bank regulators reminded firms that USD LIBOR will cease on June 30, 2023, and that firms should act quickly to complete transition efforts.
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The SEC Division of Examinations reminded regulated firms to apply the same standards of care to safeguard customer records at branch offices as with main offices.
FINRA proposed amendments to make permanent previously-issued COVID-related procedural relief that would allow video conference hearings before the Office of Hearing Officers and the National Adjudicatory Council.
The Congressional Research Service found a limited relationship between the recent failures of Silicon Valley Bank, Signature Bank and Silvergate Bank, and their exposure to the crypto market.
Republican leadership from the House Financial Services Committee requested information from the federal prudential regulators to help them determine whether there is a "coordinated strategy to de-bank the digital asset ecosystem in the United States."