DAILY050624

2024-05-06T17:02:34-04:00May 6th, 2024|2- Daily Briefing|

OFR Mandates OTC-Repo Reporting

The Office of Financial Research today adopted a final rule requiring daily reporting by certain brokers, dealers, and financial companies with large exposures to the non-centrally cleared bilateral repo (NCCBR) market.

Incentive-Comp Standards Take Halting Step Forward

As anticipated, agencies favoring incentive-based compensation constraints today issued a new proposal advancing the standards mandated in the 2010 Dodd-Frank Act (see FSM Report COMPENSATION30).

NCUA on Board With Comp Proposal; Chopra Presses Hard for Action

The NCUA has now joined the other agencies that today asked for comment on the incentive-compensation proposal.

Daily050624.pdf