A federal jury convicted an activist short seller of securities fraud for a "Short-and-Distort" scheme.
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In a no action letter, the CFTC's Market Participants Division allowed Coinbase Financial Markets to treat perpetual derivative contracts listed on its affiliated foreign exchange as "foreign futures" under certain conditions.
The Digital Chamber asserted that a recent enforcement case involving prediction markets illustrates how blockchain transparency aids rapid detection of suspicious trades and can function as a regulatory asset by creating a permanent and publicly accessible record that supports accountability.
The SEC approved the National Securities Clearing Corporation proposed rule change to move its equity-trade capture and clearing operations to a "24x5" schedule.
NYSE Arca proposed a new best-execution rule requiring its members and their associated persons to use "reasonable diligence" to ascertain the best market for a customer's security and execute the trade at the most favorable price obtainable under prevailing conditions.