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.
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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.
In its 2025 Industry Snapshot, FINRA reported a continuation of previous trends, including as to the decline in the number of broker-dealer firms, geographic shifts away from New York and California and the continued movement of equities trading from traditional exchanges to alternative trading systems.
FinCEN extended the effective dates for recent orders under the Fentanyl Sanctions Act prohibiting three Mexico-based financial institutions from engaging in "any transmittal of funds."
Global financial market associations warned that rising regulatory fragmentation is threatening the global financial system. In a joint report, the Associations urged the Financial Stability Board, the Basel Committee on Banking Supervision and IOSCO to renew their commitment to reducing fragmentation and improve coordination of global financial standards.