SEC Commissioners Hester M. Peirce and Mark T. Uyeda criticized the Financial Accounting Foundation ("FAF") for introducing in its draft strategic plan the goal of contributing to the development of future sustainability standards.
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CFTC Commissioner Christy Goldsmith Romero appointed Joseph R. Cisewski to serve as her Chief of Staff and Senior Counsel.
Senator Pat J. Toomey (R-PA) criticized the SEC and Chair Gary Gensler for their "uncompromising refusal to give regulatory clarity to the cryptocurrency community and consumers."
The OCC revised and replaced its 2013 policy statement on minority depository institutions to (i) update and streamline descriptions of its policies, procedures and programs and (ii) describe the range of programs it has in place to support MDIs.
Comments on an FDIC proposal to update the accounting standards in the risk-based deposit insurance assessment system applicable to certain insured depository institutions are due by August 26th.