On July 11, 2024, S&P Global Market Intelligence quoted Adrienne Gurley on the SEC’s scrutiny of public U.S. banks with high concentrations of CRE investments. According to the article, banks meeting this criterion should be prepared to provide federal regulators with increased disclosures on their portfolios.
S&P Global Market Intelligence reports that the trend of increased information requests from the SEC is likely to continue. The target of this probing is banks with high CRE concentrations, compared with what is typical for the industry.
"If there are any banks with similar percentage of CRE investments, then they may get a letter, or there may be some scrutiny, or the SEC may be looking into them," Gurley explained.
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