SIFMA expressed concern about the scope of personally identifiable information to be reported in the Customer and Account Information System of the Consolidated Audit Trail.
News & Insights
The SEC, New York AG and House Committee on Financial Services stated they are closely reviewing the actions of trading platforms and market participants following the extreme price volatility.
The CFTC announced that Charlie Thornton, Chief of Staff and Chief Operating Officer under Chair Heath P. Tarbert, will depart the agency.
FINRA proposed amendments to its Private Placement Filer Form, which members are required to complete upon submission of certain private placement filings.
The Alternative Reference Rates Committee Chair Tom Wipf highlighted developments in the transition away from LIBOR and stressed the need for market participants to (i) "immediately" cease issuing USD LIBOR-based instruments and (ii) take "proactive measures" for relevant contracts maturing after June 2023.