As part of its ongoing actions to implement regulatory relief identified by the decennial Economic Growth and Regulatory Paperwork Reduction Act review, the OCC today proposed several rule changes and sought comments on prospective changes sought by ABA during the EGRPRA feedback process.
Browsing: Securities activities
In an effort to increase access to capital markets, the Securities and Exchange Commission today proposed updating the test for an “accredited investor” to include individuals’ qualifications based on professional knowledge, experience or certifications, as well as expanding the list of entities that may qualify.
ABA today filed a comment letter urging the Securities and Exchange Commission to modernize its regulations on Rule 144A securities in order to maintain a level playing field between bank-maintained collective investment funds and mutual funds.
Structural issues in the repo market led to last week’s market turbulence.
The FDIC today said it would issue a notice of proposed rulemaking to amend its securitization safe harbor rule, which addresses circumstances that may arise if the FDIC is appointed receiver or conservator for an insured depository institution that has sponsored one or more securitization transactions.
Recent enforcement actions and court decisions are starting to untangle the complexities around crypto.
Completing the Securities and Exchange Commission’s rulemaking on best interest standards for broker-dealers and investment advisers is a “key priority” for 2019, SEC Chairman Jay Clayton said in a speech today.
The Alternative Reference Rates Committee today issued consultations on draft fallback language for bilateral business loans and securitizations that reference the U.S. dollar London Interbank Offer Rate.
The Federal Housing Finance Agency today issued an update on the common securitization platform it is developing to issue the Single Security, a mortgage-backed security to be issued by both Fannie Mae and Freddie Mac.