CFTC Commissioner Christy Goldsmith Romero decried the unchecked Wall Street's risk-taking that required Treasury bailouts in the past, and she highlighted the need for regulators to reduce "systemic or sub-systemic" risk.
NFA reminded futures commission merchants, introducing brokers, CPOs and CTAs of their ongoing disclosure and reporting requirements when engaging in virtual currency activities.
In a series of Notices, NFA reminded member firms, by type, of their regulatory obligations based on common examination deficiencies.
NFA reminded futures commission merchants and retail foreign exchange dealers that the upcoming holidays will impact the regulatory filing schedules for certain daily financial reports.
The CFTC Division of Market Oversight extended existing no-action relief from ownership and control reporting requirements for reporting entities.