PCAOB Board Member Christina Ho raised concerns about how proposed rules and standards to improve audit quality have become increasingly prescriptive. She emphasized the need for well-balanced and effective regulations in the auditing landscape.
News & Insights
CFTC Enforcement Director Ian McGinley reported that "digital asset cases accounted for almost 50% of our docket," and that "the majority of our whistleblower tips last fiscal year related to digital assets."
The SEC final rule to shorten the standard settlement cycle for most broker-dealer transactions from two business days after the trade date to one business day after the trade date, went into effect.
The U.S. House of Representatives passed the "CBDC Anti-Surveillance State Act." The bill would prohibit "Federal Reserve banks from offering certain products or services directly to an individual" and "the use of central bank digital currency for monetary policy."
An FCM settled CFTC charges for failing to capture billions of orders in its surveillance systems.