In an effort to respond to questions about certain trades that have a negative yield, as reported to the MSRB’s Real-Time Transaction Reporting System, the MSRB provided clarity on misunderstandings around negative yield municipal bonds.
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The CFTC amended its Technical Specification for swap data reporting and public dissemination requirements.
The CFPB Deputy Director Zixta Q. Martinez outlined the CFPB's efforts to reduce "junk fees" in consumer financial markets.
At a hearing before the House Financial Services Subcommittee on Financial Institutions and Monetary Policy, witnesses urged Congress to implement broad reforms to the CFPB.
A broker-dealer settled SEC charges for disclosure violations in connection with a limited offering exemption on the sale of municipal securities.