OFAC designated the Russian Federal State Budgetary Institution Marine Rescue Service to the Non-SDN Menu-Based Sanctions List.
News & Insights
SEC Commissioner Allison Herren Lee urged regulators to consider private market reforms to increase investor protection and improve market transparency.
In an Executive Order, President Joseph Biden directed federal financial regulatory agencies to develop a strategy to reduce climate change and associated financial risks.
In response to a December 2020 SEC statement allowing limited purpose broker-dealers to custody "digital asset securities" provided that they do not custody any other assets, SIFMA stated that the SEC should take a "technology-neutral approach" to rulemakings and focus on broker-dealer flexibility instead of the underlying technology.
The Alternative Reference Rates Committee plans to recommend CME Group as the administrator for a forward-looking Secured Overnight Financing Rate term rate, once market indicators for the term rate are met.