The SEC extended the comment period on proposed amendments to rules governing beneficial ownership reporting until June 27, 2023. The SEC provided a supplemental analysis on the proposal's economic impact.
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The CFTC set a comment deadline on proposed rule amendments which would codify no-action relief regarding the treatment of separate accounts by futures commission merchants ("FCMs"). The comment deadline was published in the Federal Register.
The CFTC voted to propose rule amendments to codify no-action relief regarding the treatment of separate accounts by futures commission merchants.
In remarks at the "Going Public in the 2020s" Conference, SEC Commissioner Mark T. Uyeda decried the decline in the number of companies going public and made several recommendations for reversing the trend, particularly for smaller companies, which he said would benefit Main Street investors.
A CFTC Order requiring the use of a designated unique product identifier and product classification system for swap recordkeeping and data reporting became effective on February 24, 2023.