FinCEN issued a Geographic Targeting Order "requiring [money] services businesses along the southwest border ... to report and retain records of currency transactions [exceeding] $200 but not [exceeding] $10,000, and to verify the identity of [individuals conducting] such transactions."
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In a final rule, the SEC amended regulations to eliminate the Director of the Division of Enforcement's authority to issue formal orders of investigation.
SEC Acting Chair Mark T. Uyeda directed staff to (i) reconsider whether to move forward on regulatory changes for Government Securities Alternative Trading Systems, and (ii) provide "options on abandoning [the proposed redefinition of exchange]" with respect to crypto. He also explained the reasoning behind the deadline extension on implementing the clearing mandate for US Treasury securities.
The Congressional Research Service reviewed the regulatory framework and licensing process for the "Guiding and Establishing National Innovation for U.S. Stablecoins Act of 2025." The bill was introduced on February 4th, 2025, and co-sponsored by lawmakers from both parties.
In a letter to the SEC, the Managed Funds Association urged Acting Chair Mark T. Uyeda "to immediately halt, review, and provide relief from [specific] policies ... to reduce costs and burdens on market participants and improve the efficiency of the financial markets."