Business

SEC and AMF Announce Supervisory MOU To Enhance Cooperation for Investment Advisers and Investment Service Providers

SEC press releases·Oct 20, 2026 · 8:25 AM CT
Read the original at SEC press releases
Readthrough summary

On Oct. 20 the U.S. Securities and Exchange Commission and France's AMF announced a supervisory memorandum of understanding.

It sets up a framework for consultation, cooperation and information exchange on investment advisers, investment companies and investment service providers active in the U.S. and France.

The MOU specifically supports the SEC's registration and oversight of AMF-supervised asset management companies that want to do business in the U.S. as investment advisers.

Summary written by Readthrough from the original article. The full story, with photos and any updates, is at SEC press releases.

Read the original at SEC press releases

More Business

CNBC·

General Motors beats Wall Street's Q3 earnings expectations, narrows full-year guidance

General Motors beat Wall Street's third-quarter expectations, narrowed its 2026 earnings guidance, raised its free-cash-flow outlook and announced a new $20 billion buyback. The stock still fell about 5% Tuesday because the new $13.25-per-share guidance midpoint came in under analysts' $13.41.

Fox Business·

Trump announces $8B bailout for farmers to cover diesel cost surge amid attacks on global supply

President Trump announced an $8 billion "Harvest Fuel Relief" program for farmers at a Kansas rally, to offset higher diesel and other costs tied to Middle East supply disruptions. USDA says payments will be based on modeled 2026 losses, with crop rates due in November.

SEC press releases·

SEC, FSA Hold Autumn Financial Regulatory Dialogue

The SEC and Japan's Financial Services Agency held their autumn regulatory dialogue in Tokyo on Oct. 19, covering private and public markets, asset management and innovation. Commissioner Mark Uyeda led for the SEC, and the next round is set for Washington in spring 2027.

The Guardian Business·

Google Cloud outage: problems fixed for ‘most‘ customers, as regulators push for details – latest updates

A "power event" in one zone of Google Cloud's London region (europe-west2) knocked out services Tuesday, disrupting UK banks, fintech apps such as Revolut and Emma, and court video systems. Google says the power issue is fixed and services are recovering.