A group of fourteen trade associations urged the European Commission to grant an extension for the temporary equivalence for UK central counterparties until certain regulatory implementations have been made under EMIR 2.2 and until the European Securities and Markets Authority.
The CFTC and the DOJ charged the principal of a cryptocurrency escrow company for making false statements to two customers who had given the principal $7 million that their bitcoin would be "safeguarded" by his company.
The MFA, SIFMA Asset Management Group and the Alternative Investment Management Association recommended that the CFTC examine "whether there are demonstrable concerns over excessive speculation" when revising its reproposed position limits rulemaking.
The New York Department of Financial Services requested comments on proposed revisions to cybersecurity rules that apply to a wide range of insurance, banking and financial services companies under its supervision.
Commentary by Joseph Facciponti
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