FINRA plans to implement margin requirements for agency MBS transactions in May. The requirements, which have been delayed for years, will apply to broker-dealers.
“Millions of Americans [are] paying more for homeowners insurance — often with less protection than before — while others are scrambling to find any insurance at all, because their insurer has refused to renew their policy,” said Sen. Sherrod Brown, D-OH, chair of the Senate Committee on Banking, Housing and Urban Affairs.