The hullabaloo surrounding the run-up in the price of GameStop and the activities of Robinhood Markets, Inc. have generated front page news, calls for action, and allegations of wrongdoing.
OFAC designated a Chinese company and two individuals to the Specially Designated Nationals and Blocked Persons List. The designations were linked to human rights abuse in the Xinjiang Uyghur Autonomous Region.
The U.S. Treasury Department Office of Foreign Assets Control ("OFAC") issued two revised General Licenses ("GL") related to sanctions imposed with respect to the situation in Venezuela. With the issuance of GL 3D and GL 9C , OFAC extended authorizations covering the wind-down of certain financial...
The CFTC Division of Market Oversight (the "Division") granted time-limited relief to two companies from compliance with certain position aggregation requirements under CFTC Rule 150.4 . The no-action relief is limited to the "firewall conditions for the owned entity exemption in [CFTC Rule] 150.4(...
The CFTC Division of Market Oversight ("DMO") granted time-limited relief to a master fund investment manager, a related holding company, and the four shareholders of the company from compliance with certain position aggregation requirements under CFTC Rule 150.4 . The Division granted the relief...
The U.S. Department of the Treasury Office of Foreign Assets Control extended certain General Licenses concerning Ukraine-related entities on the Specially Designated Nationals and Blocked Persons list.
