Better Markets, a group that supports tougher financial regulation, recently rolled out a public resource designed to track and monitor financial regulators’ emergency actions in response to the crisis around the COVID-19 pandemic.
TRACER — the Tracker of Regulatory Agencies Coronavirus Emergency Responses — will keep close watch on every coronavirus-related action taken by these federal regulators:
- Federal Reserve Board
- Securities and Exchange Commission
- Commodity Futures Trading Commission
- Office of the Controller of the Currency
- Federal Deposit Insurance Corporation
- Consumer Financial Protection Bureau
- Financial Stability Oversight Council
- Treasure Department
- Federal Financial Institutions Examination Council
The tracker is divided into four categories: banking, securities, derivatives and consumer protection. For each regulatory action, it provides the date, a brief summary of the action, a link to the action and its expiration date, if any, among other information.
“The scope, scale and speed of the coronavirus-caused crisis has everyone struggling to keep up, including U.S. financial regulators, who are taking many simultaneous actions proactively and in response to industry requests and market developments,” Better Markets’ president and chief executive, Dennis Kelleher, said in a statement.