News Centre

Statement On Appointments To The PCAOB: SEC Commissioner Hester M. Peirce, SEC Commissioner Elad L. Roisman, Nov. 8, 2021

Date 08/11/2021

Today the Securities and Exchange Commission approved a new board of the Public Company Accounting Oversight Board.  We remain concerned about the Commission’s actions in June,[1] but nevertheless support this new board.  The five members are, as the statute requires, “prominent individuals of integrity and reputation who have a demonstrated commitment to the interests of investors and the public, and an understanding of the responsibilities for and nature of the financial disclosures required of issuers, brokers, and dealers under the securities laws and the obligations of accountants with respect to the preparation and issuance of audit reports with respect to such disclosures.”[2]  We look forward to working with the new board as they fulfill their mission to improve audit quality, which is crucial to the SEC’s own mission to protect investors and markets. 

Federal Reserve Board Financial Stability Report

Date 08/11/2021

Current Report: November 8, 2021

Report (PDF)

This report summarizes the Federal Reserve Board’s framework for assessing the resilience of the U.S. financial system and presents the Board’s current assessment. By publishing this report, the Board intends to promote public understanding and increase transparency and accountability for the Federal Reserve’s views on this topic.

SEC Appoints New Chairperson And Board Members To The Public Company Accounting Oversight Board

Date 08/11/2021

The Securities and Exchange Commission today announced the appointments of Erica Y. Williams as Chairperson and Christina Ho, Kara M. Stein, and Anthony (Tony) C. Thompson as Board members of the Public Company Accounting Oversight Board (PCAOB). Duane DesParte will continue his service as a Board member and will remain Acting Chairperson until Ms. Williams is sworn in.

Coinbase To Participate In The 2021 Citi FinTech Conference

Date 08/11/2021

Coinbase Global, Inc. announced today that Alesia Haas, Chief Financial Officer, will participate in a fireside chat at the 2021 Citi FinTech Conference on Monday, November 15, 2021 at 9:45 a.m. PT / 12:45 p.m. ET.

US Acting Comptroller Of The Currency Discusses Climate Change Risk

Date 08/11/2021

Acting Comptroller of the Currency Michael J. Hsu today discussed climate change risk at OCC Headquarters. His remarks highlighted five questions that large bank boards of directors should ask to promote and accelerate improvements in climate risk management practices at their banks.

Ahmed Abonamah Named Director Of SEC Office Of Credit Ratings

Date 08/11/2021

The Securities and Exchange Commission today announced that Ahmed Abonamah has been named Director of the agency’s Office of Credit Ratings, where he has served as Acting Director since October 2020.

Senior Loan Officer Opinion Survey On Bank Lending Practices - The October 2021 Senior Loan Officer Opinion Survey On Bank Lending Practices

Date 08/11/2021

The October 2021 Senior Loan Officer Opinion Survey on Bank Lending Practices addressed changes in the standards and terms on, and demand for, bank loans to businesses and households over the past three months, which generally correspond to the third quarter of 2021.

2021 SEC Regulation Outside The United States - Scott Friestad Memorial Keynote Address, Gurbir Grewal, Director, Division Of Enforcement, Washington D.C., Nov. 8, 2021

Date 08/11/2021

Good morning, everyone and thank you for inviting me to deliver the Scott Friestad Memorial Keynote address. I didn’t have the privilege of knowing Scott, but in my few months as Director, I’ve frequently heard his name, and I’ve noticed that it is always uttered with respect and affection. Staff considered him a leader, a model Enforcement attorney, a mentor, and a friend. I’m honored to deliver this address that bears his name.

The U.S. Housing And Mortgage Market: Risks And Resilience, Federal Reserve Governor Michelle W. Bowman, At The Women In Housing And Finance Public Policy Luncheon, Washington, D.C.

Date 08/11/2021

Good afternoon, everyone. It is a pleasure to join you today. Thank you for the invitation. Developments in the housing and mortgage markets have a major effect on the economy and the financial system, so the Federal Reserve Board monitors these markets closely. I am happy to share some of my observations about these markets and to learn from your knowledge and experiences as well.

Moscow Exchange: Risk Parameters Change For The Security PKI-RM

Date 08/11/2021

As per the Securities market risk parameters methodology, on 08.11.2021, 21-58 (MSK) the upper bound of the price band (up to 12981) and initial margins (up to 18.75 %) for the security PKI-RM were changed. New values are available here