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SEC Commissioner Allison Herren Lee challenges ESG "myths of materiality". SEC Commissioner Allison Herren Lee urges additional protections for retail investors. House Financial Services Committee considers testimony on SPAC reform. FRB Governor Lael Brainard outlines policy considerations on CBDCs. OFAC sanctions Russian Federal State Budgetary Institution Marine Rescue Service. U.S.-UK Financial Regulatory Working Group focuses on bilateral cooperation and sustainable finance. Financial groups highlight "vital" role of financial markets during COVID-19. OCC adopts withdrawal period exception for collective investment funds.