The results of the Federal Reserve Board’s annual bank stress test showed that large banks are well positioned to weather a severe recession, while staying above minimum capital requirements and continuing to lend to households and businesses. Under this year’s hypothetical recession, the aggregate decline in the common equity tier […]
Updates
SEC Extends Compliance Date to Help Broker-Dealers Fully Test and Implement Daily Reserve Computation Requirement
June 25, 2025/US SEC The Securities and Exchange Commission today voted to extend the compliance date to June 30, 2026, for the amendments to Rule 15c3-3 (the broker-dealer customer protection rule) that the Commission adopted on Dec. 20, 2024. The amendments require certain broker-dealers to increase the frequency of required […]
SEC Publishes Data on Broker-Dealers, Mergers & Acquisitions, and Business Development Companies
June 26, 2025/US SEC The Securities and Exchange Commission’s Division of Economic and Risk Analysis (DERA) has published new reports and data on broker-dealers, mergers and acquisitions (M&A), and business development companies (BDCs). Today’s reports provide the public with information about the changes in broker-dealer and M&A activity over time. […]
