McWilliams’ Innovation Push Silent on Controversial Charters
In remarks today, FDIC Chair McWilliams reiterated her commitment to innovation but outlined steps to enhance it only in areas such as tech sprints.
Gensler Targets Conflicts, Investment Advice in Anti-Gamification Push
Following SEC Chairman Gensler’s announcement of an upcoming consultation on broker and investment-adviser digital-engagement practices (DEPs) earlier this week, the SEC today issued an RFI on the use of DEPs—including predictive data analytics, differential marketing, and behavioral prompts (e.g., gamification).