The Federal Reserve Board named Jerome H. Powell as Chair pro tempore which enables him to continue his duties, pending confirmation, by the Senate to a second term as Chair of the Board of Governors.
News & Insights
The Financial Stability Oversight Council finalized interpretive guidance on its authority to require the supervision and regulation of certain nonbank financial companies.
In a study published pursuant to the Anti-Money Laundering Act of 2020, Treasury-examined aspects of the high-value art market that could present money laundering risks, and (ii) described efforts by regulators and market participants to prevent or mitigate money laundering risk in that market.
Comments on proposed rule changes to reporting requirements for security-based swap transactions are due by March 21, 2022.
FINRA urged the SEC to affirm its disapproval of a NYSE proposal to amend rules establishing maximum fee rates to be charged by member organizations for forwarding proxy and other materials to beneficial owners.