The CFTC’s Market Participants Division reissued and revised a staff no-action letter addressing the acceptance by a futures commission merchant of payment stablecoins and other non-security digital assets as collateral for customer positions.
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The PCAOB reviewed current standards and guidance for auditors of broker-dealers on the testing of financial transactions between broker-dealers and their affiliates.
A firm settled FINRA charges for failing to maintain a supervisory system reasonably designed to oversee recommendations of leveraged and inverse exchange-traded funds.
House Republicans urged SEC Chair Paul Atkins to delay approving a new funding model for the Consolidated Audit Trail until a comprehensive system review is complete.
A broker-dealer settled NYSE Texas charges for failing to maintain minimum net capital requirements as a result of its undermargined repo transactions with affiliates.