A broker-dealer settled FINRA charges for failing to institute financial risk management controls when providing market access to affiliated organizations.

In response to a Financial Stability Board Consultation Paper on the adequacy of central counterparty ("CCP") financial resources for recovery and resolution, three financial industry trade associations argued that a "better balance between loss allocation to clearing participants and loss allocation to CCPs would promote better outcomes..."

President Joseph R. Biden nominated Michael S. Barr to serve as a member of the Federal Reserve Board and to serve as the next Vice Chair for Supervision.

In its response to a European Securities and Markets Authority ("ESMA") Consultation on ESG Ratings Providers, SIFMA AMG requested that ESMA make a clear distinction between ESG Ratings and ESG Data.