An SEC final rule amending the application process for funds seeking exemptive relief under the Investment Company Act of 1940 was published in the Federal Register.

A CFTC final rule establishing new cross-border rules governing registration requirements applicable to swap dealers and major swap participants was published in the Federal Register.

SIFMA filed suit seeking to vacate a recently adopted SEC temporary exemption for municipal advisors from broker-dealer registration.

SEC Commissioner Hester M. Peirce challenged the basis of a recent SEC enforcement action against an initial coin offering issuer for unregistered digital token offerings and criticized the agency for failing to provide guidance on the dividing line between tokens that are securities and those that are not.

A California app developer and its Philippines-based affiliate settled SEC and CFTC charges for improper sales of security-based swaps.

The CFTC deemed invalid the CPO registration exemptions of 17 foreign entities as a result of a special call by the Division of Swap Dealer and Intermediary Oversight.

A CFTC final rule aimed at preventing certain bad actors from seeking exemptions from registration as CPOs under CFTC Rule 4.13 ("Exemption from Registration as a Commodity Pool Operator") was published in the Federal Register.

The UK Financial Conduct Authority granted, for the first time, a Multilateral Trading Facility license to a London-based cryptocurrency exchange.

The SEC adopted a final rule amending the application process for funds seeking exemptive relief under the Investment Company Act.

SEC Chair Jay Clayton, Division of Corporation Finance Director William Hinman, Division of Investment Management Director Dalia Blass and Division of Trading and Markets Director Brett Redfearn provided updates on the SEC's various pandemic relief measures.

Following an emergency action and injunction, a digital token issuer agreed to settle SEC charges for unregistered offerings.

The CFTC adopted amendments to an NFA registration form for "associated persons of a registrant, floor broker, or floor trader, or to be listed as a principal of a registrant."

The SEC granted a temporary conditional exemption from "broker" status to allow municipal advisors to solicit certain types of potential investors in "direct placements" by municipal issuers.

A retail foreign exchange dealer settled CFTC charges for registration and supervisory violations concerning the handling of non-eligible contract participant customer accounts.

The CFTC unanimously approved a final rule amendment to prevent certain bad actors from seeking exemptions from registration as CPOs.

In a Complaint filed in the U.S. District Court for the Southern District of Florida, the SEC alleged that a "purported internet investment adviser firm and its president failed to properly register and to provide books and records for examination.

A blockchain services company settled charges in connection with the distribution of an unregistered initial coin offering.

The CFTC proposed amending the conditions under which non-U.S. CPOs qualify for exemption from registration.

The CFTC filed a Complaint with the U.S. District Court for the Southern District of Florida against several unregistered individuals and companies for conducting two fraudulent schemes involving binary options and digital assets.

The New York Attorney General proposed revisions to registration requirements in order to "streamline and enhance" supervision of the securities industry in New York.

The CFTC Division of Swap Dealer and Intermediary Oversight provided temporary exemptive relief to non-U.S. introducing brokers that temporarily fail to register with the CFTC.

The SEC provided conditional compliance relief for registered transfer agents concerning (i) the clearance and settlement of securities transactions; and (ii) the safeguarding of securities and funds.

The CFTC Division of Swap Dealer and Intermediary Oversight granted time-limited no-action relief to a bank from "major swap participant" status.

SIFMA, IIB, ISDA, and FIA recommended changes to CFTC-proposed cross-border regulations concerning registration thresholds and certain requirements applicable to swap dealers and major swap participants.

The U.S. District Court for the Central District of California granted the SEC a default judgment against an unregistered broker-dealer and its CEO for selling unregistered initial coin offering securities.