SIFMA, the Bank Policy Institute, the Institute of International Bankers and the American Bankers Association urged the SEC to revise its proposals on cybersecurity related regulations, emphasizing the need for clear guidance across government agencies and collaboration with the securities industry.
The CFTC proposed further defining the requirements as to wind-down plans for derivatives clearing organizations.
The CFTC adopted rule amendments that require derivatives clearing organizations to involve key stakeholders in their governance.
The U.S. House of Representatives voted to amend federal securities laws pertaining to senior investors, initial public offerings for small- and mid-size businesses, and the definition of "accredited investor."
The SEC requested a temporary restraining order to freeze the assets of the crypto asset trading platform Binance Holdings Limited, following recent charges for failing to register with the agency.