Notice on FFM Functions and Activities

The Business Standards Council (BSC) has released a notice detailing its Federal Marketplace (FFM) functions and activities. This notice is intended to solicit public input and does not appear to establish new binding regulations at this stage, but rather to inform and gather feedback on the BSC's operational scope within the FFM.

Regulated entities and interested parties are advised to review the notice and consider submitting comments by the specified deadline. While this is a notice and not a final rule, understanding the BSC's FFM functions is crucial for compliance and engagement within the financial services ecosystem. The comment period is a key opportunity to influence potential future guidance or policy.