Cathy Owen named incoming Chair of American Bankers Association
What happened
Cathy Owen was named the incoming Chair of the American Bankers Association. Rob Nichols currently serves as the organization's President and CEO. The ABA convention livestream is scheduled to highlight policy priorities, the future of tokenized money, and the economic outlook.
From targetednews.com
Why it matters
The American Bankers Association is actively involved in lobbying the SEC regarding rules governing cyber-incident disclosures and market filings. The convention's discussion of tokenized money and economic outlook reflects shifts in industry policy and financial standards.
From targetednews.com
Who's involved
- American Bankers AssociationOrganization hosting the convention and lobbying the SEC regarding cyber-incident disclosures
- Cathy OwenIncoming Chair of the American Bankers Association
- Rob NicholsCurrent President and CEO of the American Bankers Association
- SECRegulated body that the American Bankers Association is lobbying regarding cyber-incident disclosures
- MerrillHolds a leadership role at NH Bankers, which is structurally linked to the American Bankers Association
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- MerrillSpeculative
Merrill might face changes in investment contracts or regulatory costs as the American Bankers Association discusses policy priorities like tokenized money.