Washington Report 360 | June 17, 2022

A weekly newsletter covering legislative and regulatory developments affecting financial services firms—in 360 words or less.

Key Highlights

  • SEC. Enforcement action against large firm for inadequate disclosure of robo-adviser portfolios.
  • SEC. RFI on “Information Providers” acting as “Investment Advisers”
  • CFPB. Initiative and RFI to improve customer service at big banks
  • BIS. Final principles for effective management and supervision of climate-related financial risks (see KPMG Regulatory Alert here)
  • Industry news: Banks raise prime rates to match Fed’s hike
Financial services regulatory and policy news
SEC
CFTC
FINRA
FRB
FDIC
CFPB
Treasury
Justice
FTC
NY DFS
BIS
IAIS

 

Financial services policy news
Senate
  • Confirmed new commissioners Lizarraga and Uyeda; SEC statement
  • Banking Committee hearing on the Index Fund Voting Process; Majority remarks on investor protections


Industry news headlines

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Contact us 

Amy S. Matsuo

Amy S. Matsuo

Regulatory and ESG Insights Leader, KPMG US

+1 919-664-7100