The CFTC Division of Market Oversight and Division of Data issued a no-action letter on timely compliance with the CFTC's swap data reporting requirements for certain market participants.
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The SEC sued a trading platform with illegally raising over $250 million through the unregistered offering and selling of a crypto asset security and failing to register as a broker.
House Financial Services Ranking Member Maxine Waters criticized recent Supreme Court rulings for "significantly weaken[ing] the ability of the federal government to protect our consumers and investors, our housing and financial markets, our food supply, healthcare, and even the air we breathe or the parks we visit."
FinCEN proposed amending existing regulations to explicitly "require financial institutions to establish, implement, and maintain effective, risk-based, and reasonably designed AML/CFT programs with certain minimum components, including a mandatory risk assessment process."
The CFTC extended the comment period until August 8, 2024 for proposed amendments to ban the listing and clearing of certain "events contracts" and "gaming" derivatives.