A FinCEN final rule imposing strict prohibitions on the access of Iranian financial institutions to the U.S. financial system due to money laundering concerns was published in the Federal Register.

NFA reminded members to designate an administrator to coordinate enrollment and track compliance with swaps proficiency requirements.

OFAC extended the expiration date for two Ukraine-related General Licenses.

Beth A. Williams, Assistant Attorney General for the Office of Legal Policy, outlined several DOJ initiatives to combat elder fraud and abuse.