Washington Report 360 | July 12, 2019
Washington Report 360 | July 12, 2019
Insight

Washington Report 360 | July 12, 2019

Agencies passed rules easing regulatory requirements for small banks; SEC & FINRA issued statements promoting investor protections

Key highlights

  • Agencies passed final rules easing regulatory requirements for small banks, including one simplifying certain capital rules for “non-advanced approaches” banks and another exempting community banks from the Volcker Rule.
  • SEC and FINRA issued statements promoting investor protections in the context of settlements and investigations, respectively.

Financial services legislative and regulatory news

Federal banking agencies:

SEC:

FINRA:

Federal Reserve:

CFPB:

Congress:

Banking and Cannabis:

Financial services policy news

Treasury statement on developments in U.S.-EU Financial Regulatory Reform

FSB:

BIS: