Tag: financial_regulation
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OCC Releases July 2026 CRA Performance Evaluations for 14 Banks
The OCC released CRA performance evaluations for 14 banks and savings associations for July 2026. Ratings ranged from 'Outstanding' for several institutions to 'Needs to Improve' for one, assessing their commitment to community credit needs, including low- and moderate-income areas.
BusinessPolitics and GovernmentFederal GovernmentBankingEconomySocial Issues Community Reinvestment Act (CRA)Financial RegulationBanking IndustryOCCBank PerformanceCommunity DevelopmentCredit AccessOffice of the Comptroller of the Currency (OCC)
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OCC Releases Revised Guide to Boost Community Bank Lending
The OCC released a revised guide for the community bank leverage ratio framework, aiming to provide regulatory relief. This move could free up $64 billion for Main Street lending, benefiting 95% of community banks by simplifying capital requirements and reducing…
Politics and GovernmentBusinessFederal GovernmentEconomyBankingLegal Office of the Comptroller of the CurrencyCommunity Bank Leverage RatioRegulatory ReliefCommunity BanksMain Street LendingFinancial RegulationOffice of the Comptroller of the Currency (OCC)
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CFTC Seeks Public Comment on Proposed Affiliation Rule Changes
The CFTC is seeking public comment on proposed amendments to its regulations concerning affiliations among regulated entities. The changes affect Parts 37, 38, 39, 1.52, and 1.55.
Politics and GovernmentBusinessLaw EnforcementFederal GovernmentEconomyFinancial MarketsLegal CFTCProposed RulemakingPublic CommentAffiliationsRegulationsFinancial RegulationDerivatives
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Federal Reserve Board Issues Enforcement Action Against Iuka Bancshares
The Federal Reserve Board has announced an enforcement action against Iuka Bancshares, Inc. and The Iuka State Bank, as released by the Board of Governors of the Federal Reserve System.
BusinessPolitics and GovernmentBankingFederal GovernmentLegalEconomy Federal Reserve BoardIuka BancsharesThe Iuka State Bankenforcement actionfinancial regulationU.S. Federal Reserve
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CFTC Issues Advisory on Event Contract Self-Certification Procedures
The CFTC's Division of Market Oversight has issued an advisory reminding designated contract markets of proper procedures for self-certifying event contract series. Detailed in Staff Letter No. 26-22, this guidance aims to ensure regulatory compliance and oversight.
Politics and GovernmentBusinessFederal GovernmentFinancial MarketsLegalEconomy Commodity Futures Trading CommissionCFTCDivision of Market OversightEvent ContractsSelf-CertificationDesignated Contract MarketsFinancial Regulation
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CFTC Issues No-Action Letter to Kraken Derivatives Exchange on Dormancy
The CFTC's Division of Market Oversight has issued a no-action letter to Kraken Derivatives Exchange Inc., addressing procedures related to dormancy. This action provides clarity for the designated contract market.
Politics and GovernmentBusinessFederal GovernmentEconomyFinancial MarketsLegal CFTCKraken Derivatives ExchangeSmall Exchange Inc.No-Action LetterMarket OversightDormancy ProceduresFinancial Regulation
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SEC to Host Roundtable on 24-Hour Equity Trading
The SEC will host a roundtable on September 17, 2026, to explore the move to 24-hour trading in U.S. equity markets. Discussions will cover preparations, operations, and resiliency for overnight trading.
BusinessPolitics and GovernmentFinancial MarketsFederal GovernmentEconomy SEC24-hour tradingU.S. equity marketsFinancial regulationMarket operationsRoundtableOvernight trading
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SEC Announces Departure of Principal Deputy Director Sam Waldon
Sam Waldon, Principal Deputy Director of the SEC's Division of Enforcement, is set to depart on July 31, 2026, after over 14 years. His successor will be announced later.
Politics and GovernmentBusinessLaw EnforcementFederal GovernmentFinancial MarketsLegalEmployment and Labor Sam WaldonSECDivision of EnforcementDepartureFinancial RegulationGovernmentPersonnel Change
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SEC Commissioner Peirce Discusses Small Business Capital Formation
The SEC has released remarks by Commissioner Hester M. Peirce to the Small Business Capital Formation Advisory Committee. The remarks, titled "Seeking Public Comment on Seeking Public Capital," address gathering input on improving capital access for small businesses.
Politics and GovernmentBusinessUSAFederal GovernmentEconomyFinancial MarketsGeneral Politics Securities and Exchange CommissionHester M. PeirceSmall Business Capital Formation Advisory CommitteeCapital FormationPublic CommentFinancial RegulationGovernment
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FinCEN Details Extensive Efforts to Combat Fraud and Modernize Financial Regulations
FinCEN Director Andrea Gacki outlined significant progress in fighting fraud, recovering nearly $2 billion, and modernizing the Bank Secrecy Act regime, including new rules for stablecoins and a whistleblower program, before a House Subcommittee.
Politics and GovernmentBusinessLaw EnforcementFederal GovernmentEconomyBankingFinancial MarketsLegal FinCENFraudBank Secrecy ActAML/CFTWhistleblower ProgramStablecoinsFinancial RegulationFinancial Crimes Enforcement Network
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SEC Chairman Atkins' Remarks on Small Business Capital Formation Now Available
SEC Chairman Paul S. Atkins' remarks at the Small Business Capital Formation Advisory Committee Meeting are now available. His speech provides insights into the SEC's views on supporting small enterprises and their access to capital.
Politics and GovernmentBusinessFederal GovernmentEconomyFinancial Markets Paul S. AtkinsSecurities and Exchange CommissionSmall Business Capital FormationAdvisory CommitteeCapital MarketsGovernmentFinancial Regulation
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CFTC Ends Routine Large Trader Reporting for Physical Commodity Swaps
The CFTC has ended routine large trader reporting for physical commodity swaps under Part 20. Clearing organizations, members, and swap dealers are no longer required to file daily and event-based position reports, streamlining regulatory obligations.
BusinessPolitics and GovernmentEconomyFederal GovernmentFinancial MarketsLegal CFTCLarge Trader ReportingPhysical Commodity SwapsPart 20Reporting RequirementsFinancial RegulationCommodities
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Federal Reserve Announces Joint Statement on Sensitive Bank Data
The Federal Reserve Board announced a joint statement from agencies on managing highly sensitive information during bank examinations, addressing critical data handling procedures within the banking sector.
BusinessPolitics and GovernmentBankingFederal GovernmentEconomyLegal Federal ReserveBank ExaminationsSensitive InformationJoint StatementFinancial RegulationRegulatory AgenciesU.S. Federal Reserve
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SEC Commissioner Uyeda's Remarks to American-Hellenic Chamber Now Public
SEC Commissioner Mark T. Uyeda's remarks before the American-Hellenic Chamber of Commerce are now publicly available. The speech offers insights into financial regulation and is accessible on the SEC's newsroom.
Politics and GovernmentBusinessFederal GovernmentEconomyFinancial MarketsTrade Securities and Exchange CommissionMark T. UyedaAmerican-Hellenic Chamber of CommerceFinancial RegulationPublic StatementsSECSpeeches
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SEC Commissioner Uyeda Issues Statement on Proposed E-Delivery Regulation
SEC Commissioner Mark T. Uyeda has released a statement on the proposed Regulation E-Delivery. The document is now publicly available, offering insights into the regulatory proposal.
BusinessPolitics and GovernmentFederal GovernmentFinancial MarketsLegalEconomy Securities and Exchange CommissionMark T. UyedaRegulation E-DeliveryFinancial RegulationGovernmentPublic Policy
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Commissioner Peirce Issues Statement on Proposed E-Delivery Regulation
SEC Commissioner Hester M. Peirce released her "Paper Taper" statement on the proposed Regulation E-Delivery, offering insights into the electronic delivery of regulatory information.
BusinessPolitics and GovernmentFederal GovernmentFinancial MarketsLegalEconomy Hester M. PeirceSecurities and Exchange CommissionSECRegulation E-DeliveryElectronic DeliveryFinancial RegulationStatement
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SEC Chairman Atkins Issues Statement on E-Delivery Regulation
SEC Chairman Paul S. Atkins has issued a statement on Regulation E-Delivery. The Securities and Exchange Commission announced the availability of this new information, encouraging public review of the details.
Politics and GovernmentBusinessFederal GovernmentLegalFinancial MarketsEconomy SECPaul S. AtkinsRegulation E-DeliverySecurities and Exchange CommissionFinancial RegulationGovernmentSpeeches and Statements
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Comptroller Gould Reflects on First Year, Outlines Vision for Modern Banking
Comptroller Jonathan V. Gould marked his first year, focusing on modernizing the federal banking system. He emphasized tailored regulation, fostering financial innovation, and strengthening the OCC's supervisory approach using technology to meet evolving financial needs and support economic growth.
BusinessPolitics and GovernmentScience & TechnologyEconomyBankingFederal GovernmentArtificial Intelligence Jonathan V. GouldOffice of the Comptroller of the CurrencyFederal Banking SystemFinancial RegulationFinancial InnovationEconomic GrowthBanking SupervisionOffice of the Comptroller of the Currency (OCC)
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CFTC Amends Margin Requirements for Uncleared Swaps
The CFTC has approved a final rule amending margin requirements for uncleared swaps, targeting specific swap dealers and major swap participants. These changes aim to boost market efficiency, global harmonization, and financial innovation while upholding strong risk management.
BusinessPolitics and GovernmentFederal GovernmentEconomyFinancial MarketsLegal CFTCMargin RequirementsUncleared SwapsSwap DealersFinancial RegulationMarket EfficiencyRisk Management
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OCC Appoints FDIC as Receiver for Kentland Federal Savings and Loan Association
The OCC appointed the FDIC as receiver for Kentland Federal Savings and Loan Association in Indiana. The bank, with $3.7 million in assets, faced critical undercapitalization and asset dissipation due to unsafe practices, prompting regulatory intervention.
BusinessPolitics and GovernmentBankingEconomyFederal GovernmentFinancial Markets Office of the Comptroller of the CurrencyFederal Deposit Insurance CorporationKentland Federal Savings and Loan AssociationKentlandIndianaBank FailureFinancial RegulationOffice of the Comptroller of the Currency (OCC)
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Federal Reserve Board Requests Comment on Bank Anti-Money Laundering Program Amendments
The Federal Reserve Board is seeking public comment on proposed amendments to its anti-money laundering (AML) program requirements for banks. This move aims to update regulations and enhance banks' efforts against illicit financial activities.
BusinessPolitics and GovernmentFederal GovernmentBankingLegalEconomy Federal Reserve Boardanti-money launderingAMLbanksfinancial regulationpublic commentillicit financeU.S. Federal Reserve
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OCC Releases June 2026 Community Reinvestment Act Performance Evaluations
The OCC released June 2026 Community Reinvestment Act performance evaluations for national banks and federal savings associations. These assessments rate institutions on meeting community credit needs, including low- and moderate-income areas, with ratings from outstanding to substantial noncompliance.
BusinessPolitics and GovernmentBankingFederal GovernmentEconomySocial Issues Office of the Comptroller of the CurrencyCommunity Reinvestment ActPerformance EvaluationsNational BanksFederal Savings AssociationsFinancial RegulationOffice of the Comptroller of the Currency (OCC)
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SEC Chairman Atkins' Economic Club Remarks Now Available
SEC Chairman Paul S. Atkins' remarks at the Economic Club of New York, dated June 30, 2026, are now available. The Securities and Exchange Commission released the full text of his address.
BusinessPolitics and Government Paul S. AtkinsSECEconomic Club of New YorkSpeechesFinancial RegulationNew York
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SEC Seeks Public Comment on Novel Exchange-Traded Funds
The SEC is requesting public comment on exchange-traded funds (ETFs) that invest in innovative asset classes or use novel strategies. This aims to facilitate their market integration and address unique aspects of these financial products.
BusinessPolitics and GovernmentFinancial MarketsFederal GovernmentEconomy Securities and Exchange CommissionSECExchange-Traded FundsETFsPublic CommentInvestment StrategiesFinancial Regulation
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CFTC Orders Two Foreign Firms to Pay $2.5 Million for Illegal Transactions
The CFTC has ordered Netrios LP Ltd. and Red Acre Ltd. to pay $2.5 million. The firms facilitated illegal off-exchange leveraged or margined retail commodity transactions with ineligible U.S. customers, leading to settlement charges.
BusinessLaw EnforcementPolitics and GovernmentEconomyFinancial MarketsLegalFederal Government CFTCNetrios LP Ltd.Red Acre Ltd.Illegal TransactionsCommodity TradingFinancial RegulationEnforcement
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SEC and CFTC Seek Public Comment on Portfolio Margining Harmonization
The SEC and CFTC are seeking public comment on harmonizing portfolio margining frameworks. This joint initiative aims to streamline regulatory approaches for calculating margin across diverse securities, fostering a more consistent financial environment.
BusinessPolitics and GovernmentFinancial MarketsFederal GovernmentLegalEconomy Securities and Exchange CommissionCommodity Futures Trading CommissionPortfolio MarginingRegulatory FrameworksPublic CommentHarmonizationFinancial Regulation
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CFTC, SEC Seek Public Comment on Portfolio Margining Harmonization
The CFTC and SEC are seeking public comment to harmonize portfolio margining frameworks. This joint request aims to streamline regulations across securities, swaps, and futures, enhancing consistency in financial markets.
BusinessPolitics and GovernmentFederal GovernmentEconomyFinancial MarketsLegal CFTCSECPortfolio MarginingRegulatory FrameworksFinancial RegulationPublic CommentDerivatives
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Comptroller Gould Details Votes on Key FDIC Financial Regulations
Comptroller Jonathan V. Gould outlined his votes at the FDIC board meeting, supporting proposals on resolution planning, deposit insurance assessments, and confidential supervisory information disclosure, while also urging further improvements and public comment.
Politics and GovernmentBusinessFederal GovernmentBankingEconomyLegal Jonathan V. GouldFDICOCCResolution PlanningDeposit Insurance AssessmentsConfidential Supervisory InformationFinancial RegulationOffice of the Comptroller of the Currency (OCC)
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OCC Issues Updated Lending and Loan Portfolio Risk Management Guidance
The OCC has released a new "Lending and Loan Portfolio Risk Management" booklet, consolidating and updating guidance for banks. It aims to enhance examiner understanding of lending risks and supervision, replacing several older documents.
BusinessPolitics and GovernmentBankingEconomyFederal GovernmentLegal OCCLendingLoan PortfolioRisk ManagementFinancial RegulationComptroller's HandbookOffice of the Comptroller of the Currency (OCC)
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Federal Reserve Board Takes Enforcement Action Against Bank Employee
The Federal Reserve Board has announced an enforcement action involving an employee of Bank of Eufaula and S N B Bancshares, Inc., with no further details released.
BusinessPolitics and GovernmentBankingFederal GovernmentLegal Federal Reserve BoardEnforcement ActionBank of EufaulaS N B BancsharesFinancial RegulationU.S. Federal Reserve