The SEC Division of Trading and Markets granted no-action relief regarding the net capital treatment of certain receivables from bank sweep programs.

The CFTC Divisions of Market Oversight, Swap Dealer and Intermediary Oversight, and Clearing and Risk warned regulated entities "to prepare for the possibility that certain contracts may continue to experience extreme market volatility, low liquidity and possibly negative pricing."

On July 8, 2019, the SEC and FINRA addressed issues concerning the application of customer protection, recordkeeping and reporting rules to digital asset securities and transactions.

In a regulatory update, Sidley Austin attorney David M. Katz explained recent SEC treatment of "concentrated debits" under the customer protection rule for certain investment funds

In its annual Risk Monitoring and Examination Priorities letter, FINRA identified areas of focus for 2020.

In a no-action letter, the SEC Division of Trading and Markets provided relief to broker-dealers with respect to certain custody requirements for accounts of investment funds and investment companies with common managers.

The SEC made technical corrections to a final rule establishing security-based swap capital, margin and segregation requirements.

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.

CFTC Division of Swap Dealer and Intermediary Oversight Director Joshua B. Sterling highlighted a number of regulatory issues for swap dealers being considered at the CFTC.

The SEC final rule to establish security-based swap capital, margin and segregation requirements was published in the Federal Register.

The New York State Department of Financial Services approved the application of Bakkt Trust Company LLC to act as a custodian for Bitcoin.

The SEC and FINRA addressed issues concerning the application of customer protection, recordkeeping and reporting rules to digital asset securities and transactions.

The CFTC granted a registered derivatives clearing organization no-action relief from various stress testing and reporting requirements because its transactions are fully collateralized.

On June 21, 2019, the SEC adopted new rules and rule amendments that establish security-based swap capital, margin and segregation requirements.

The SEC adopted new rules and rule amendments to establish security-based swap capital, margin and segregation requirements.

A broker-dealer settled FINRA charges related to reporting, recordkeeping and supervisory failures on inaccurate net capital and customer reserve calculations.

SEC Office of Compliance Inspections and Examinations Director Peter Driscoll urged firms to establish and maintain strong compliance programs that address AML, microcap securities, paying agents and cybersecurity.

SEC Office of Compliance Inspections and Examinations Director Peter Driscoll highlighted key risks facing retail investors caused by bad actors and poor internal controls.

The Office of the Comptroller of the Currency requested feedback on its fiduciary activities rules and a potential rule for non-fiduciary custody activities.

FINRA proposed adopting legacy NASD and Incorporated NYSE Rules and Interpretations into the consolidated FINRA rulebook without any substantive changes.

The CFTC rule change requiring the notification of counterparties concerning their right to elect to segregate initial margin in transactions with swap dealers was published in the Federal Register.

The CFTC approved amendments to rules requiring notification to counterparties of their right to elect to segregate initial margin in transactions with swap dealers.

The SEC Division of Trading and Markets granted no-action relief to a broker-dealer from an Exchange Act requirement to transmit a customer's rollover check to the clearing broker-dealer by noon of the next business day after receipt.

In an Investor Bulletin, the SEC provided information as to the escheatment process for investment accounts.

In a Risk Alert, the SEC Office of Compliance Inspections and Examinations urged transfer agents to review their policies to ensure that funds and securities are protected.