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The U.S. Department of the Treasury named Kenneth A. Blanco as Director of the Financial Crimes Enforcement Network.

James Treanor Commentary by James Treanor

The U.S. Department of the Treasury Office of Foreign Assets Control and the Department of Commerce Bureau of Industry and Security implemented changes to Cuban sanctions rules.

The SEC granted an exemption to an exchange-traded fund from certain Exchange Act notice requirements in relation to secondary market transactions, and redemptions and aggregations of shares in the fund.