Caroline D. Pham, a Commodity Futures Trading Commission (CFTC) commissioner, started the Open Meeting on May 10 with a bang — she wants the U.S. Government Accountability Office (GAO) to investigate the CFTC because she thinks the regulator has expanded its jurisdiction without a proper mandate, and, as a consequence, has strayed far from its… Read More >>
Congress Asks 37 Banks to Quantify Their Diversity
The diversity question is hitting home for 37 major financial services firms in the U.S. in a new way. Congresswoman Maxine Waters (D-Calif.), chairwoman of the House Financial Services Committee, and Congresswoman Joyce Beatty (D-Ohio), chairwoman of the House Financial Services Subcommittee on Diversity and Inclusion, recently sent out letters asking these firms to quantify… Read More >>
