The SEC adopted new rules and rule amendments to establish security-based swap capital, margin and segregation requirements.
News & Insights
An OFAC interim final rule updating the instructions for, and adding new requirements to, the Reporting, Procedures and Penalties Regulations went into effect June 21, 2019. Written comments concerning the rule must be submitted on or before July 22, 2019.
In 267 to 165 vote, the House of Representatives passed an amendment to the DOJ appropriations bill that would, among other things, prevent the DOJ from interfering in states that have legalized the "use, distribution, possession, or cultivation" of medical and adult-use cannabis.
FINRA proposed loosening research rule requirements relating to certain investment funds.
The New York State Senate confirmed Linda A. Lacewell as Superintendent of the New York State Department of Financial Services.