The Financial Stability Board has completed its peer review of Australia which finds that, among other things, “significant and commendable” progress has been made in meeting Financial Services Assessment Programme recommendations.

The Securities and Exchange Commission is seeking public comment on a wide range of issues raised by the use of derivatives by mutual funds and other investment companies regulated under the Investment Company Act.

Section 1109 of The Dodd-Frank Wall Street Reform and Consumer Protection Act 2010 directs the Government Accountability Office (“GAO”) to conduct a one-time audit of the emergency loan programs and other assistance authorized by the Federal Reserve Board (“Board”) during the recent financial crisis

Section 202 of the The Dodd-Frank Wall Street Reform and Consumer Protection Act 2010 requires Government Accountability Office to report on the effectiveness of the US Bankruptcy Code in resolving certain failed financial institutions on an ongoing basis.