News Centre

SIFMA Compliance & Legal Society Announces Recipients Of DEI Advocate Award - Inaugural Awards Will Be Presented At The C&L Annual Seminar In Orlando On March 22

Date 16/03/2022

SIFMA today announced Jacqueline LiCalzi, Managing Director, Global Head of Regulatory Relations, Morgan Stanley and Chris Lewis, Principal, General Counsel, Edward Jones are the inaugural recipients of the SIFMA C&L Society’s Diversity, Equity and Inclusion (DEI) Advocate Award.

US Office Of The Comptroller Of The Currency Issues Final Rule Addressing Authority For Exemptions To Suspicious Activity Report Requirements

Date 16/03/2022

The Office of the Comptroller of the Currency (OCC) today issued a final rule amending the OCC’s suspicious activity report (SAR) regulations.

IMF Executive Board Concludes The Tenth Review Of The IMF Data Standards Initiatives

Date 16/03/2022

• The IMF Data Standards Initiatives enhance data transparency as a global public good. Countries’ recent achievements in implementing the standards through voluntary publication of timely macroeconomic and financial data have been remarkable, despite the impact of the pandemic, with the framework continuing to serve the membership well.
• The Tenth Review updates the framework, in light of new data priorities, through a parsimonious and principles-based expansion of encouraged data categories covering selected aspects in the areas of public debt, macro-financial indicators, foreign exchange intervention, climate change-related policy, and gender- disaggregated labor market statistics.
• The Review also focuses on strengthening the monitoring of the first tier of the Data Standards Initiatives, the enhanced General Data Dissemination System (e-GDDS), and encouraging subscribers of the second tier, the Special Data Dissemination Standard (SDDS), to modernize data publication technology.

Report From FINRA Board Of Governors Meeting – March 2022 - Board Approves Rulemaking Items And Use Of 2021 Fine Monies - Meets With SEC Chair Gary Gensler

Date 16/03/2022

FINRA’s Board of Governors met on March 9-10 for the first time in 2022. The Board approved three rulemaking items and discussed a variety of topics, including technology initiatives and matters pertaining to regulatory operations.

Paul Merolla Named 2022 Recipient Of SIFMA’s C&L Society’s Rauschman Award - Award Will Be Presented At The C&L Annual Seminar In Orlando On March 21

Date 16/03/2022

SIFMA today announced Paul Merolla, retired partner at Murphy & McGonigle, P.C. is the 2022 recipient of the SIFMA Compliance & Legal Society’s Alfred Rauschman Award.

Dave A. Sanchez To Lead SEC Office Of Municipal Securities

Date 16/03/2022

The Securities and Exchange Commission today announced that Dave A. Sanchez will return to the SEC to serve as Director of the Office of Municipal Securities (OMS) effective April 11. Mr. Sanchez most recently advised municipal issuers, broker-dealers and municipal advisors as a Senior Counsel at Norton Rose Fulbright US LLP.

Cboe Appoints Stephen Berte As President Of BIDS Trading

Date 16/03/2022

Cboe Global Markets, Inc. (Cboe: CBOE), a leading provider of global market infrastructure and tradable products, today announced the appointment of Stephen Berte as President of its BIDS Trading unit, effective April 4, 2022.  

Federal Reserve Board And Federal Open Market Committee Release Economic Projections From The March 15-16 FOMC Meeting

Date 16/03/2022

The attached tables and charts released on Wednesday summarize the economic projections made by Federal Open Market Committee participants in conjunction with the March 15-16 meeting.

U.S. Departments Of Treasury And Justice Launch Multilateral Russian Oligarch Task Force - Australia, Canada, The European Commission, Germany, Italy, France, Japan, The UK, And US, Agree To Increased Cooperation To Target Russian Assets

Date 16/03/2022

Secretary of the Treasury Janet L. Yellen and Attorney General Merrick B. Garland today met virtually with representatives from Australia, Canada, Germany, France, Italy, Japan, the United Kingdom, and the European Commission, to launch the Russian Elites, Proxies, and Oligarchs (REPO) multilateral task force. The task force was first announced by leaders on February 26.

Federal Reserve Issues FOMC Statement

Date 16/03/2022

Indicators of economic activity and employment have continued to strengthen. Job gains have been strong in recent months, and the unemployment rate has declined substantially. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher energy prices, and broader price pressures.