At an address before the Futures Industry Association, CFTC Chair Michael S. Selig described plans to "'future-proof' derivatives markets" by reducing regulatory burdens, embracing digital asset innovation, and defending prediction markets.
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The Treasury Department informed Congress and the financial industry that integrating innovative technologies is essential to combat illicit finance, establish regulatory clarity, and mitigate digital asset vulnerabilities.
President Trump issued an Executive Order aimed at dismantling Transnational Criminal Organizations responsible for cybercrime, financial fraud, and predatory schemes targeting Americans.
The SEC amended the clearing agency stress testing framework of the Fixed Income Clearing Corporation and its affiliates, the Depository Trust Company and the National Securities Clearing Corporation. The SEC requested comments on the amendments which were published in the Federal Register and are effective immediately.
A firm's Principal/Chief Compliance Officer settled FINRA charges for failing to supervise two registered representatives' on their recommendations of risky products to retail customers.