Washington Report 360 | September 13, 2019

FHFA housing finance reforms; SEC financial penalties on SROs; SEC’s Regulation Best Interest; Pressure for a federal data privacy law

Key Highlights

  • FHFA outlined plans for housing finance reforms, including means for the GSEs to build capital and exit conservatorship.  At a Senate hearing, the Treasury Secretary said the GSEs might avoid a SIFI designation with sufficient levels of capital.
  • SEC is proposing to impose financial penalties on SROs for failing to implement CAT on a timely basis.
  • Seven states and the District of Columbia have filed suit against the SEC challenging the agency’s Regulation Best Interest.
  • Cross-industry pressure for a federal data privacy law is building.

Financial services regulatory and policy news


Capital Markets


Industry news