US Reg Round Up: 13/11/2024
Federal Reserve
November 4, 2024:
- FR Z: The final OMB supporting statement was posted.
October 29, 2024:
- FR 4027: The draft OMB supporting statement and link to the initial Federal Register notice were posted.
- FR B: The link to the final Federal Register notice was posted.
- FR K: The draft OMB supporting statement and link to the initial Federal Register notice were posted.
- FR Z: The link to the final Federal Register notice was posted.
- HMDA LAR: The link to the final Federal Register notice was posted.
Federal Reserve issue FOMC statement - 07 November 2024
Economic activity continues to expand, with easing labour market conditions and a slight rise in the unemployment rate. Inflation has made progress toward the 2% target but remains elevated. The Committee aims for maximum employment and 2% inflation. It sees risks to both goals as balanced and remains attentive to economic uncertainty. The target range for the federal funds rate was reduced by 0.25 percentage points to 4.5%-4.75%. The Committee will assess incoming data and risks before making further adjustments. It is also continuing to reduce its holdings of Treasury and agency securities.
Securities and Exchange Commission
New members appointed to small business capital formation advisory committee - 30 October 2024
The SEC has announced the appointment of four new members to the Small Business Capital Formation Advisory Committee, each serving a four-year term. These new members join the 14 existing committee members, which includes the SEC’s Small Business Advocate and other non-voting members. Chair Gary Gensler expressed gratitude to the new appointees, highlighting the critical role small businesses play in the U.S. economy. The committee advises the SEC on rules and policies impacting small businesses, particularly smaller public companies and minority- and women-owned businesses.