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In This Issue ...

Our theme this week is change − well, actually, lots of changes. New regulations mean a change in the way of doing things, and revised regulations are, at their core, changes. We take a closer look at changes to the U.S. Department of Labor’s QPAM Exemption and from the FCA in London, as well as important clarifications from the FDIC. 

We also examine a new Senate bill, sponsored by Sens. Debbie Stabenow (D-Mich.) and John Boozman (R-Ark.), that would give the CFTC lead responsibility for overseeing the two largest cryptocurrencies and the platforms on which they are traded.

Whether you are in the office, working remotely or enjoying some beach, farmhouse or cabin time, we hope you will make today’s Cabinet News and Views part of your reading. And, as always, we welcome your thoughts. Just write to us here.

Daniel Meade and Michael Sholem
Co-Editors, Cabinet News and Views

August 4, 2022
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