Agencies agenda including a plan to regulate Crypto Currency markets. This is two hours. [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations]. Senate committee on banking, housing and urban affairs will come to order. This meeting is for the first time in a hybrid format. Our witness is in person, Mister Gensler is here in person. Members have the option to appear in person or remotely. Once you start speaking there will be a slight delay before you are displayed on the screen. To minimize Background Noise click the mute button until its your time to speak or ask questions. You shall all have one box on your screen to show how much time is remaining. For those joining virtually you will hear about ring whe
Testing is often nonexistent. Incentivized testing in some areas but not in others. Policymakers can take steps to ensure more uniform and effective testing. Agencies can routinely test models for discrimination including if less discriminatory models exist. Second agencies should announce the methodology they use to test models and encourage adoption of discriminationspecific Model Risk principles. And third agencies unnecessary disparate impact is illegal across markets outside markets like credit and housing. Thank you for considering my testimony today. Thank you. I will now turn it over. You are now recognized for five minutes. Thank you, so much, chairman foster. Thank you chairman waters, ranking member mchenry, and in the entire Ai Task force, ranking member gonzalez. Im am the Founder And Ceo of a nonprofit Research Organization evaluating the use of new technologies and data in financial services to drive greater financial inclusion. It is focused on the use of alternative fi
April 23, 2024- The Commodity Futures Trading Commission (CFTC) approved final rules to amend its swap execution facility (SEF) regulations related to uncleared swap.
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In the weeks since publishing our original alert, FinCEN released several frequently asked questions (FAQs) on the application of the Corporate Transparency Act (CTA). Private fund.