Five broker-dealers, three dually registered broker-dealers and investment advisers, and two affiliated investment advisers settled charges with the SEC and CFTC for recordkeeping violations after failing to preserve electronic business-communications made using their personal devices.
In response to a CFTC request for comments, NFA, FIA and ISDA addressed potential conflicts of interest and other issues related to affiliations between clearing and trading platforms and market intermediaries.
Trade associations and financial groups responded to a CFTC proposal that would further define requirements on recovery and wind-down plans prepared by derivatives clearing organizations.
The CFTC Division of Market Oversight extended no-action relief from the ownership and control reporting requirements for reporting entities.
The CFTC disapproved a designated contract market's proposed options contract based on which political party will have control of Congress.