The SEC staff from the Division of Corporate Finance provided no-action relief to a Canadian corporation and allowed it to conduct a tender offer in the United States in accordance with Canadian law.
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In the United States District Court for the Southern District of New York, the SEC obtained a final judgment against an adviser and his UK-based financial services firm for engaging in billions of dollars of U.S. securities transactions without registering as a broker-dealer.
In a speech before the U.S. Monetary Policy Forum, Federal Reserve Board Governor Lael Brainard highlighted the increasing digitalization and decentralization of global finance and considered the implications of such trends for the financial system.
The CFTC Market Participants Division staff provided financial reporting relief to nonbank swap dealers in Australia and Singapore.
OFAC sanctioned eight Chinese technology firms for supporting the tracking and surveillance of minority groups in China, including members of the predominantly Muslim Uyghur and Kazakh communities. OFAC placed these companies on the Non-Specially Designated Nationals Chinese Military-Industrial Complex List.