The CFTC Division of Enforcement established a Cybersecurity and Emerging Technologies Task Force and an Environmental Fraud Task Force.
News & Insights
CFTC Commissioner Kristin N. Johnson offered recommendations to strengthen the regulatory framework by addressing "notable fragilities within asset classes among critical financial market intermediaries and more generally across the financial market ecosystem."
The FTC proposed amendments to "redesign" the premerger notification process to improve the "efficiency and effectiveness" of the initial review process for certain mergers and acquisitions.
Senate Committee on Health, Education, Labor and Pensions Ranking Member Bill Cassidy (R-LA) and House Committee on Education and the Workforce Chair Virginia Foxx (R-NC) opposed an SEC proposed rule on open-end mutual fund liquidity risk management programs and swing pricing, warning of potentially devastating consequences for U.S. retirement savers.
On May 24, 2023, representatives from J.P. Morgan, Wells Fargo, Sia Partners and Fried Frank hosted a complimentary virtual seminar on the SEC's proposed rule changes that would require the majority of participants in the U.S. Treasury and Repo Markets to centrally clear secondary market transactions. The webinar is now available to view on demand.