Aggregated News From Investment Management Regulators

Federal Reserve Board invites public comment on a technical notice of review regarding primary dealers operating in Spain


Please complete the required fields.

The Federal Reserve Board on Wednesday invited public comment on a technical notice of review regarding primary dealers operating in Spain.

Specifically, a bank owned by a Spanish parent company intends to acquire a domestic primary dealer. A primary dealer is a securities broker‑dealer or other entity that has been approved to be a trading counterparty with the Federal Reserve Bank of New York. As a result, the Federal Reserve is required by law to make a specific determination about the respective competitive opportunities in the Spanish and American public debt markets.

Comments must be received within 30 days of the notice’s publication in the Federal Register.

Federal Register notice: Notice of Review and Request for Comment

This news item was originally published by the Federal Reserve Board (FRB US). For more information, please see the Source Link.

Regulator Information

Regulator Name: Federal Reserve System
Abbreviation: FRB US
Jurisdiction: United States

Recent Articles

ASIC calls on industry to continue to improve resilience during market outages

ASIC is calling on market operators and participants to continue to implement its expectations to improve the resilience of the Australian equity market during...

ESMA will not publish August systematic internaliser regime data for non-equity instruments other than bonds and CTP data

The European Securities and Markets Authority (ESMA) will not publish the 1 August 2022 publication of the systematic internaliser (SI) regime data for non-equity...

Macroprudential decision: Recommendation on mortgage borrowers’ maximum debt-servicing burden – credit institutions’ capital requirements also reviewed

The Board of the Financial Supervisory Authority (FIN-FSA) recommends that housing loans in future be granted, as a rule, to loan applicants whose total...

ASIC wins appeal on Cigno and BHF Solutions Federal Court decision

ASIC has succeeded in its appeal before the Full Federal Court which has found unanimously that a ‘financial supply fee’ charged by Cigno Pty...

Quarterly stakeholder bulletin

Published on: 28 June 2022 The Isle of Man Financial Services Authority has issued the latest edition of its quarterly update for stakeholders.

Get the latest from Regulatory.News in your inbox!