The CFTC set a comment deadline of October 10, 2023 for proposed amendments to certain uncleared swaps margin requirements.
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The CFTC set an effective date of September 7, 2023 for a final rule amending reporting requirements for derivatives clearing organizations.
The SEC granted a request from multiple securities regulatory organizations for an extension of relief from CAT NMS Plan reporting requirements on activities on and off exchange floors.
House Financial Services Committee Chair Patrick McHenry (R-NC) touted the bipartisan "Clarity for Payment Stablecoins Act" recently passed by the Committee. He stated that the Act creates "a clear regulatory framework for the issuance of payment stablecoins" and "recognizes the strong role that states have played in regulating digital asset firms".
A fund administrator settled charges with the SEC for failing to identify "red flags" of fraudulent behavior on the part of one of its hedge fund clients.