The CFTC Market Participants Division granted no-action relief to a futures commission merchant regarding the manner in which it receives and holds funds deposited by Taiwan-based customers, when there may be a conflict between CFTC and Taiwan regulation governing the segregation of customer funds.

The SEC set an effective date of August 21, 2023, for amendments that will remove references to credit ratings from existing exceptions to rules on market manipulation. The effective date was published in the Federal Register.

The SEC issued a Consent Order that requires the crypto asset trading platform to repatriate assets held for the benefit of U.S. customers and to prohibit the destruction of records.

Acting Comptroller of the Currency Michael J. Hsu called for a “responsible” approach to innovation in tokenization and artificial intelligence that progresses in “tightly controlled stages” to manage identified risks.

The Congressional Research Service considered the potential impact of the expiration of the Division of Investment Management’s 2017 no-action letter permitting broker-dealers to receive cash payments for research services from investment managers subject to the EU’s Markets in Financial Instruments Directive II without being subject to regulation as "investment advisers".