Senator Cynthia M. Lummis (R-WY) and Representative French Hill (R-AR) urged the DOJ to evaluate the extent to which Binance and Tether are supporting terrorism through violations of federal law on material support to entities engaged in terrorism, applicable sanctions laws, and the Bank Secrecy Act.
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The Government Accountability Office reviewed SEC compliance with the requirements of the Administrative Procedure Act and other various statutory requirements in connection with the adoption of a rule on investment company names.
The SEC granted exemptive relief to broker-dealers from requirements on the publication of quotations for fixed-income securities sold in compliance with rules on private resales of securities to institutions.
The CFTC and French financial regulators have signed a Memorandum of Understanding aimed at facilitating cooperation and the exchange of information related to supervising covered institutions that operate on a cross-border basis in the United States and France.
CFTC Commissioner Summer K. Mersinger described current regulatory challenges in the energy and power markets, emphasizing the difficulty that regulators face in dealing with new technology under rules and regulations adopted before these advances are made.