The Senate voted 50-45 to confirm Jonathan Gould as Comptroller of the Currency.
News & Insights
The CFTC's Division of Market Oversight extended no-action relief excusing certain swap counterparties from specific swap data reporting obligations when clearing swaps through certain non-US derivatives clearing organizations.
The US Department of the Treasury's Office of Foreign Assets Control fined a Connecticut-based audio electronics manufacturer for facilitating the indirect export of US-origin goods to Iran through a distributor in the United Arab Emirates.
In an Enforcement Advisory, the CFTC outlined how it would handle potential criminal referrals to the Department of Justice. The Advisory follows from President Trump's Executive Order aimed at reducing overcriminalization of federal regulations.
SEC Commissioner Hester M. Peirce addressed the growing trend of tokenizing securities using blockchain technology. She asserted that tokenized securities remained subject to the same federal securities laws as traditional financial instruments.