SIFMA capital markets and operations directors called for extending investor protections to tokenized securities markets.
News & Insights
The CFTC’s Divisions of Market Oversight and Clearing and Risk ("Divisions") issued a no-action letter granting a designated contract market ("DCM") and its affiliated derivatives clearing organization ("DCO") relief from certain swap data reporting and recordkeeping requirements for fully collateralized binary option and variable payout contracts cleared under their rules.
The Board of Governors of the Federal Reserve System ("FRB") will host a conference focused on "emerging developments in the payment's ecosystem."
U.S. Senate Democrats requested detailed information about overdraft fee practices from twenty-five of the nation’s largest banks. The request follows the nullification of a CFPB final rule which would have capped most overdraft fees at $5.
The Federal Reserve Board released individual capital requirements for large banks. The requirements will take effect on October 1, 2025.