A former bond futures trader settled CFTC charges for engaging in spoofing on the Chicago Board of Trade on approximately 50 occasions.
News & Insights
SIFMA recommended significant revisions to the OCC's proposed framework for regulating payment stablecoins under the GENIUS Act - with changes to reserve management, redemption rules, custody standards and capital requirements.
The American Bankers Association asked Treasury to extend the comment deadline on its proposed stablecoin rule until after the OCC finalizes its GENIUS Act rulemaking.
The new head of the Public Company Accounting Oversight Board laid out a reform agenda including strategic planning, standard-setting, inspections modernization, and a more responsive relationship with outside advisers.
The Treasury Borrowing Advisory Committee reported that the industry was on track to meet the SEC's mandatory central clearing deadlines, but key regulatory questions remain open and operational builds incomplete.