NFA reminded futures commission merchants, introducing brokers, CPOs and CTAs of their ongoing disclosure and reporting requirements when engaging in virtual currency activities.
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In a series of statements and reports, the Financial Stability Board highlighted recommendations to facilitate an orderly transition from the London Inter-Bank Offered Rate ("LIBOR") by the end of 2021.
In a whitepaper with accompanying charts, SIFMA highlighted the importance of financial services to the U.S. and global economy, particularly as to the number of jobs that such services create in the United States, both directly and indirectly.
SEC Chair Gary Gensler directed SEC staff to evaluate whether further regulatory action concerning proxy voting advice should be recommended.
OFAC amended a general license authorizing certain transactions and activities involving Petróleos de Venezuela, S.A. necessary for the maintenance or wind down of operations.