Browsing: Securities activities

Compliance and Risk

The FDIC recently proposed several changes to its rules regarding bank securities. Among other things, the FDIC proposed to rescind a transferred Office of Thrift Supervision securities offering regulation that applies only to state savings associations and a 1996 statement of policy on the use of offering circulars, which only applies to state nonmember banks.


In response to a request from the Municipal Securities Rulemaking Board seeking industry input on its strategic goals, the American Bankers Association yesterday submitted a letter providing several recommendations.


The Securities and Exchange Commission and the Commodity Futures Trading Commission approved a joint final rule today to harmonize their margin levels for security futures “whether they are held in a futures account, a securities portfolio margin account, or a securities account that is not approved for portfolio margining.”


With many borrowers now taking advantage of nationwide forbearance programs as they struggle to make their monthly mortgage payments, Ginnie Mae announced today that it will take action to ensure liquidity in the mortgage-backed securities market during the coronavirus pandemic.

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