The SEC proposed amendments that would extend the filing deadlines and reduce public disclosure requirements for registered investment companies’ portfolio holdings ("Form N-PORT") reports.
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A digital financial asset kiosk operator settled California Department of Financial Protection and Innovation charges for fee overcharges and failures to provide compliant transaction receipts.
The Council of Economic Advisers estimated that since 2011, the CFPB "cost consumers between $237-$369 billion, including fiscal costs, increased borrowing expenses, and reduced originations."
The Basel Committee on Banking Supervision examined the rapid growth of "synthetic risk transfers" and warned of emerging vulnerabilities as the market expands.
In an amicus brief filed by the CFTC in an appeal before the Ninth Circuit, the agency urged the Court to reverse a lower court decision that would allow Nevada to apply state gambling laws to "event contracts" traded on federally regulated exchanges.