SEC diminishes roadblocks to proxy proposals on social policy. SEC Chair warns of enforcement "without quarter." OCC Acting Comptroller calls for regulation of crypto banking. Financial Services Subcommittee considers regulatory gaps in cybersecurity. FINRA updates FAQs on renewal program deadlines. NASAA reports minimal movement on Reg BI implementation. FHFA proposes additional public disclosure requirements for Fannie Mae and Freddie Mac.

Federal financial regulators support climate objectives. CII supports House bills to address risks posed by foreign issuers in U.S. markets. FDIC establishes Minority and Community Development Banking Office. NASAA extends waiver of registration system fees for state investment adviser firms.

SEC Staff provides no-action relief from SBSD financial reporting requirements. SEC Commissioners emphasize importance of careful monitoring under SBSD framework. Federal agencies urge Congressional action on stablecoins. Experts testify before Senate Banking Committee on LIBOR transition. FATF updates AML/CFT guidance on virtual assets. FATF updates list of jurisdictions with AML/CFT/CPF deficiencies. IOSCO finalizes sustainability-related recommendations for asset managers. SEC Chair highlights potential areas for reform across four markets. MSRB proposed extension on remote inspections goes into effect.

SEC Commissioner offers cybersecurity to-do list. Institutional investor organizations seek SEC rulemaking on fee reporting by private funds. SEC disapproves CAT LLC's proposed limited liability provisions. Broker-dealer settles Nasdaq charges for deficiencies in market access controls. FinCEN renews geographic targeting order for 12 metropolitan areas. Cadwalader Cabinet Clients & Friends Memo: Securities Litigation Update: Divided Ninth Circuit Permits Direct-Listing Investors to Assert Securities Act Claims, Despite Inability to Differentiate Between Registered and Unregistered Shares.

FICC settles SEC charges for liquidity policy and margin risk management violations. Financial Services Subcommittee questions experts on China-based issuers. CFTC introducing broker settles NFA charges for records and registration violations. MSRB reviews initiatives under strategic plan. CFPB appoints new Assistant Directors for supervision and for enforcement.

FTC adopts new requirements to strengthen financial data security. CFPB Director Chopra expresses concerns with big tech. SEC Chief Accountant emphasizes importance of auditor independence. Financial Services Committee passes Bill on financial exploitation of specified adults. NFA allows SDs to include SBS in initial margin calculations. SEC acts on substituted compliance for German, French, UK, and Spanish SBSDs.

SEC issues risk alert on mutual fund and ETF compliance Deficiencies. SEC specifies financial reporting conditions for non-U.S. SBSDs. MSRB proposes extension of remote inspection relief. Effective date set for FDIC amendments to real estate lending standards. Announcing the upcoming Securities Enforcement Forum 2021 on November 4, 2021, featuring Cadwalader Partner Philip Khinda as a panelist on the “Managing Internal Investigations and Advanced Government Defense” session.

BCBS, CPMI & IOSCO request comment on margin practices report. FTC restores Prior Approval Policy for merger restrictions. SEC Division of Trading and Markets issues FAQs on SBS reporting. FDIC Chair advocates for "well-tailored government oversight" of stablecoins.

Broker-Dealer settles FINRA charges for supervisory failures over mutual fund switches. DOL extends enforcement relief to ensure compliance with prohibited transactions exemption. Broker-dealer settles charges with exchanges for origin code violations. FINRA sets closing date for OTCBB. Cadwalader Clients & Friends Memo: Financial Stability Oversight Council Issues Key Report Declaring Climate Change as an Emerging Threat to U.S. Financial Stability

FSOC identifies climate change as emerging threat to financial stability. CFPB asks tech companies for information on payment platforms. FDIC adopts amendments to real estate lending standards. National bank settles redlining charges.