SIFMA provided design considerations and operational frameworks to support "done-away" clearing in the U.S. Treasury and Repo markets ahead of the upcoming compliance dates.
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Members of the American Bankers Association’s Community Bankers Council urged the U.S. Senate to address regulatory loopholes that allow non-banks to bypass prohibitions on paying interest on stablecoins.
The SEC designated a longer time period to take action on a proposed rule change filed by Nasdaq ISE regarding position and exercise limits for options on the iShares Bitcoin Trust ETF.
With the departure of Caroline Crenshaw, the SEC is left with three Commissioners, all Republican appointees.
A firm settled FINRA charges for failing to timely and accurately submit restricted period and trading-related notifications.