New division of the Office of the Comptroller of the Currency is part of an efficiency drive. 

The three federal prudential agencies consulted with the Securities and Exchange Commission and the Commodity Futures Trading Commission.

US agencies have made a series of modifications that come into effect early next year to help banks clarify what does and does not constitute proprietary trading under the Volcker rule. 

With no major shortcomings having been found, US regulators decided to sign off on the resolution plans of 82 foreign banks operating in the US.

Crypto-currencies such as bitcoin should be regulated in the same way as all other electronic financial transactions, said Michael Pompeo, the US secretary of state.

The Financial Stability Oversight Council (FSOC) should look into whether there is a case for regulatory oversight of firms providing cloud services to financial firms, wrote Katie Porter and Nydia Velázquez, both Democrats in the House of Representatives.

The US Securities and Exchange Commission (SEC) proposes that firms registering for the sale of securities be able to more flexibly tailor disclosures to reflect their unique circumstances.

The greater concentration of central counterparty clearing houses (CCPs) and futures commission merchants (FCMs) poses a potential systemic risk, said Dan Berkovitz, a commissioner at the US Commodity Futures Trading Commission (CFTC). 

Citigroup held $28bn in client cleared swaps margins in the second quarter of 2019 representing 27% of the margins posted in the US swaps market.