US Reg Roundup: 3/10/2026

Federal Reserve

Federal Reserve Board announces it will hold a hybrid public outreach meeting on Thursday, March 26, as part of its review of regulations under the Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA)

19 February 2026

The Federal Reserve announced that it will hold a hybrid public outreach meeting on 26 March 2026 as part of its review of regulations under EGRPRA. The review is intended to identify outdated, unduly burdensome or otherwise unnecessary regulatory requirements applicable to supervised institutions.

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Following earlier actions to remove reputation risk from its supervision of banks, Federal Reserve Board requests comment on proposal to codify that removal

23 February 2026

The Federal Reserve requested comment on a proposal to codify the removal of “reputation risk” from its supervision of banks. The proposal reiterates the Board’s policy that supervisory decisions should focus on material financial risks and not penalise institutions for serving lawful customers or activities.

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Agencies clarify the capital treatment of tokenized securities

5 March 2026

The Federal Reserve, together with the FDIC and the OCC, issued guidance clarifying that eligible tokenized securities should generally receive the same capital treatment as their non-tokenized form under the capital rule. The agencies also stressed that the capital framework is technology-neutral and that banks should apply sound risk management to these exposures.

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Federal Reserve Board announces termination of enforcement action with Wells Fargo

5 March 2026

The Federal Reserve announced the termination of its 2018 enforcement action against Wells Fargo after determining that the bank had met all required conditions. The action had focused on governance and risk management improvements, and the Fed said the required remediation work had now been completed.

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U.S. Securities and Exchange Commission

SEC Announces 45th Annual Small Business Forum to Improve Capital-Raising Policy

13 February 2026

The SEC announced that it will host its 45th Annual Government Business Forum on Small Business Capital Formation on 9 March 2026. The event is intended to gather views from across the market on how to improve policy affecting the way entrepreneurs, small businesses and smaller public companies raise capital.

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SEC Proposes Amendments to Reduce Burdens in Reporting of Fund Portfolio Holdings

18 February 2026

The SEC proposed amendments to Form N-PORT aimed at reducing reporting burdens on registered investment companies. The proposal would give funds an additional 15 days to file, reduce the frequency of public portfolio disclosure from monthly to quarterly, and streamline or remove certain reporting items, while separately extending compliance dates for Names Rule-related reporting requirements.

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SEC Announces Roundtable on Private Markets Valuation As Retail Investor Access Accelerates

26 February 2026

The SEC announced a roundtable to discuss private market valuations and responsible retailization as retail exposure to alternative investments becomes more common. The event is intended to explore valuation challenges, investor protection issues and governance considerations as private market assets increasingly migrate into publicly offered vehicles.

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SEC, FSA Hold Spring Financial Regulatory Dialogue

27 February 2026

The SEC and Japan’s Financial Services Agency held their Spring Financial Regulatory Dialogue in Tokyo. The discussions covered recent market developments, strategic priorities and a range of regulatory and supervisory matters, including crypto and digital assets, with both authorities highlighting the importance of continued cross-border cooperation.

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SEC Announces Roundtable on Options Market Structure Reform

5 March 2026

The SEC announced that it will host a roundtable on 16 April 2026 to discuss listed options market structure. The discussion will focus on competition in a quote-driven market, customer experience, and the opportunities and challenges associated with the continued growth of the U.S. listed options market, particularly among retail investors.

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U.S. Department of the Treasury

Remarks: A Reset on Liquidity Regulation

3 March 2026

In remarks on liquidity regulation, Treasury argued that the post-crisis liquidity framework should be revisited in light of changes in markets and recent stress episodes. The speech highlighted concerns around the usability of liquidity buffers, discount window stigma and the need to better align liquidity regulation with the lender-of-last-resort function.

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Treasury Seeks Public Input on the U.S. National Strategy for Financial Literacy – Comments Due April 6

6 March 2026

The Treasury, through the Financial Literacy and Education Commission, invited public input on the update to the U.S. National Strategy for Financial Literacy. The request for input seeks views on national priority areas and best practices to improve financial literacy and support better saving and investment outcomes.

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