In a 3-2 vote, the CFTC adopted a final rule that applies federal speculative position limits to 25 "core referenced futures contracts," including futures and options linked to those contracts and economically equivalent swaps.
An SEC final rule amending the definitions of "accredited investor" and "qualified institutional buyer" under regulations on private placement exemptions and private resales of securities was published in the Federal Register.
FinCEN provided relief for Report of Foreign Bank and Financial Accounts filers that are impacted by the California wildfires, the Iowa derecho, Hurricane Laura, the Oregon wildfires and Hurricane Sally.
In a new staff report, the SEC Division of Economic and Risk Analysis considered the interconnections among six separate U.S. credit markets, and how three distinct types of stresses in each of the markets affected the products and participants during the COVID-19 pandemic.
A group of investor rights organizations urged the SEC to reopen the comment period for proposed amendments to SEC rules on shareholder proposals, in light of recently submitted data from the SEC Division of Economic and Risk Analysis.
The SEC adopted amendments to the definitions of "accredited investor" and "qualified institutional buyer" under regulations on private placement exemptions and private resales of securities to institutions. The amendments are intended to increase accessibility to private capital markets.
The SEC provided certain limited exemptive relief from the “locate” and "close-out" requirements under its short sale regulations. The relief was provided because of COVID-19 related intermittent suspension of physical securities processing by the Depository Trust Company .
An SEC-proposed rule amending Form 13F to (i) modernize its data reporting framework, (ii) update the instructions for confidential treatment requests and (iii) raise the reporting threshold for institutional investment managers from $100 million to $3.5 billion was published in the Federal Register.
At a meeting of the CFTC Technology Advisory Committee, industry representatives considered presentations on automated and modern trading markets, distributed ledger technology and market infrastructure, virtual currencies, and cybersecurity.
SEC Chair Jay Clayton, Commissioners Hester Peirce and Elad Roisman and Office of Municipal Securities Director Rebecca Olsen solicited feedback on ways to improve municipal securities disclosure practices.
Several industry associations provided commentary on a CFTC proposal to apply federal speculative position limits to 25 "core referenced futures contracts," including futures and options linked to those contracts and economically equivalent swaps.
In a new staff report on the nexus between central counterparties and clearing member banks, the Bank for International Settlements emphasized the need for central banks to evaluate the two entity types collectively.