TUESDAY | A parade of agency chiefs go before Congressional committees to justify requests for their agencies. House Ways and Means Committee hears from Treasury Secretary Jack Lew. IRS Commissioner John Koskinen testifies before Senate Finance. OMB Director Shaun Donovan appears before Senate Budget. The SEC's final rule on Regulation SCI takes effect.

 

WEDNESDAY | House Financial Services subcommittee revisits allegations of improper lobbying and other conflicts of interest by HUD employees. SEC open meeting on 2015 PCAOB budget. House Ways and Means markup of permanent tax extenders; Committee plans to vote on seven expired tax provisions, aiming to make permanent certain benefits related to conservation easements, S corporations and business expensing in tax code Section 179, among other items.

 

THURSDAY | Senate Finance hears from Treasury Secretary Jack Lew on the Treasury budget request. ECB Chief Economist Peter Praet gives keynote speech at sovereign risk and macroeconomics event in Frankfurt. Thomas Gilbert, indicted in January for the murder of his father, Wainscott Capital Management founder Thomas Gilbert, will be arraigned (State Supreme Court, Manhattan) and may enter a plea.

 

FRIDAY | FSOC's executive director will discuss asset managers and activities at asset management and derivatives forum in Dana Point, California.

 

SUNDAY | German Chancellor Angela Merkel, visiting G-7 nations before hosting June summit, begins two-day trip to U.S. and Canada.

 

AT THE AGENCIES

 

Monday, Feb. 2 (1145am ET)

Department of the Treasury | Pen-and-pad background briefing on the general explanations of the administration's FY2016 revenue proposals (the "Greenbook"), a companion document to the administration's FY2016 budget proposal. Read more.

 

Tuesday, Feb. 3 (830am ET)

Department of the Treasury | Closed meeting of the Treasury Borrowing Advisory Committee of the Securities Industry and Financial Markets Association at the Hay Adams Hotel. Read more.

 

Tuesday, Feb. 3

Securities and Exchange Commission | Effective date of SEC's Regulation Systems Compliance and Integrity ("Regulation SCI") which will apply to certain self-regulatory organizations (including registered clearing agencies), alternative trading systems ("ATSs"), plan processors, and exempt clearing agencies (collectively, "SCI entities"), and will require these SCI entities to comply with requirements with respect to the automated systems central to the performance of their regulated activities. Read more.

 

Wednesday, Feb. 4 (10am ET)

Securities and Exchange Commission | Open meeting to consider whether to approve the 2015 budget of the Public Company Accounting Oversight Board ("PCAOB") and the related annual accounting support fee for the Board under Section 109 of the Sarbanes-Oxley Act of 2002. Read more.

 

Thursday, Feb. 5 (2pm ET)

Securities and Exchange Commission | Closed meeting to consider Institution and settlement of injunctive actions; institution and settlement of administrative proceedings; litigation matter; adjudicatory matter; and other matters relating to enforcement proceedings. Read more.

 

ON THE HILL

 

Tuesday, Feb. 3 (10am ET)

Senate Budget Committee | Full committee hearing on the president's FY2016 budget request. Office of Management and Budget Director Shaun Donovan testifies. Read more.

 

Tuesday, Feb. 3 (10am ET)

House Ways and Means Committee | Full committee hearing on "The President's FY2016 Budget Proposal." Treasury Secretary Jack Lew testifies. Read more.

 

Tuesday, Feb. 3 (1030am ET)

Senate Finance Committee | Full committee hearing on "Internal Revenue Service Operations and the President's Budget for FY2016." IRS Commissioner John Koskinen testifies. Read more.

 

Wednesday, Feb. 4 (10am ET)

Senate Commerce, Science and Transportation Committee | Full committee hearing on "Building a More Secure Cyber Future: Examining Private Sector Experience with the NIST Framework." Read more.

 

Wednesday, Feb. 4 (10am ET)

Senate Finance Committee | Full committee hearing on "The President's Budget for FY2016," focusing on the Department of Health and Human Services budget request, agency operations and implementation of the Patient Protection and Affordable Care Act. HHS Secretary Sylvia Matthews Burwell testifies. Read more.

 

Wednesday, Feb. 4 (10am ET)

House Financial Services Committee | "Exploring Alleged Ethical and Legal Violations at the U.S. Department of Housing and Urban Development." Witness testimony will be given by HUD's David Montoya, Inspector General, Office of the Inspector General; and Edda Emmanuelli Perez, Managing Associate General Counsel, Office of General Counsel, Government Accountability Office. Read more.

 

Wednesday, Feb. 4 (1030am ET)

House Budget Committee | Full committee hearing on "The President's FY2016 Budget." OMB Director Shaun Donovan testifies. Read more.

 

Thursday, Feb. 5 (10am ET)

Senate Commerce, Science and Transportation Committee | Consumer Protection, Product Safety, and Insurance Subcommittee hearing on data breach and notification legislation in the 114th Congress. Read more.

 

Thursday, Feb. 5 (10am ET)

Senate Finance Committee | Full committee hearing on "The President's Budget for FY2016." U.S. Treasury Secretary Jack Lew testifies on the White House Treasury budget request. Read more.

 

Thursday, Feb. 5 (10am ET)

Senate Health, Education, Labor and Pensions Committee | Full committee hearing on "Who's the Boss? The 'Joint Employer' Standard and Business Ownership." Read more.

 

AROUND THE GLOBE

 

Tuesday thru Thursday, Feb. 3-5

GENEVA Switzerland | AlphaScope: New Quantitative Investment Strategies & Portfolio Optimisation Techniques for Investors, Portfolio Managers & Quants." Read more.

 

Thursday, Feb. 5 (630am ET)

FRANKFURT Germany | European Central Bank executive board member Peter Praet speaks at 8th joint event on Sovereign Risk and Macroeconomics organized by Peterson Institute for International Economics and Moody's Investors Service. Read more.

 

Thursday, Feb. 5

KUALA LUMPUR, Malaysia | ISDA's Current Issues in the Derivatives Landscape: Topics include margin rules for non-cleared swaps, an update on clearing and collateral developments and the market structure impact of the SEF trading requirement. Read more.

 

OTHER EVENTS

 

Monday, Feb. 2 (530pm ET)

SARASOTA Florida | Federal Reserve Bank of Atlanta Executive Vice President David Altig and Federal Reserve Bank of Dallas Senior Vice President Mine Yucel participate in "The Economic Outlook, Monetary Policy and Energy: Thoughts from Federal Reserve Research Directors" event hosted by the New College of Florida and the Global Interdependence Center. Read more.

 

Wednesday, Feb. 4

NEW YORK | FINRA/SIFMA Cybersecurity Conference: Topics include regulatory perspectives on cybersecurity, establishing cybersecurity risk management and governance, assessing risk and critical assets and detecting threats. Read more.

 

Wednesday, Feb. 4

DALLAS & VIA WEBCAST | EGRPRA Outreach Meeting: Attendees include Comptroller of the Currency Thomas Curry and Federal Reserve Board Governor Jerome H. Powell. Read more.

 

Wednesday thru Friday, Feb. 4-6

DANA POINT California | FIA/SIFMA Asset Management Derivatives Forum: Speakers include Nancy Markowitz of the Commodity Futures Trading Commission, Ron Steinfeld, CCO of MarketAxess, and John Nicholas, managing director and global head of new regulation monitoring and implementation at Societe Generale Newedge. Patrick Pinschidt, executive director of the Financial Stability Oversight Council, will participate in a panel discussion about the asset management industry and FSOC's request for information about asset management products and activities, including the use of derivatives. The discussion will also focus on the FSOC staff's recent recommendations for changes to the designation process for nonbank systemically important financial institutions. Read more.

 

Thursday, Feb. 5 (1045am ET)

WASHINGTON DC | House Ways and Means Chairman Paul Ryan (R-Wis.) delivers remarks on trade to the Washington International Trade Association (WITA). Read more.

 

Thursday, Feb. 5 (10am ET)

WASHINGTON DC | SEC Commissioner Luis Aguilar will speak at the American Retirement Initiative "2015 Winter Summit." Read more.

 

Thursday, Feb. 5 (130pm ET)

WEBINAR | The Electronic Payments Association (NACHA) will host a webinar on "Changes in the Political Landscape, a Congressional and Regulatory Perspective." Read more.

 

Sunday thru Wednesday, Feb. 8-11

BOCA RATON Florida | ABA Conference for Community Bankers: Topics include fraud prevention, considerations for mortgage servicing and managing third-party risk. Read more.

 

Thursday & Friday, Feb. 5-6

MIAMI | On Friday, the SEC's Elizabeth Murphy, Associate Director, Division of Corporation Finance, will participate on two panels at the 33rd Annual Federal Securities Institute. The panel at 9:10 a.m. will focus on disclosure, executive compensation, accounting and other regulatory developments. The panel at 10:45 a.m. will discuss public and private capital raising. Read more.