The Senate Banking Committee considered testimony on regulatory responses in the wake of the FTX bankruptcy.
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Senator Elizabeth Warren (D-MA) and Senator Roger Marshall (R-KS) introduced the Digital Asset Anti-Money Laundering Act, which would expand the scope of BSA regulations to subject digital assets to the AML/CFT framework governing financial institutions.
The MSRB proposed extending the deadline for muni brokers, dealers, municipal securities dealers and municipal advisors to annually affirm the information on the MSRB's consolidated electronic registration form.
The effective date for a FINRA rule requiring members to report transactions in U.S. dollar-denominated foreign sovereign debt securities to the Trade Reporting and Compliance Engine will be November 6, 2023.
The SEC issued four new rule proposals aimed at reforming the structure of U.S. capital markets.