The last major revisions to the CRA’s regulations were made in 1995, and it is high time that we strengthen and modernize the regulations to reflect the many changes in banking since then. In 2022, the Federal Reserve Board, the FDIC, and the Office of the Comptroller of the Currency  Minority Depository Institutions.
Broker dealers can help to widen market demand for debt securities by engaging in the retail securities business, with individuals, non bank financial institutions and non financial companies. Widening market demand and promoting secondary market trading should also enhance the liquidity of Government securities.