SIFMA and SIFMA Asset Management Group criticized the SEC's Request for Information on the activities of "information providers," calling it unnecessary and outside of the jurisdiction of the SEC's authority.
News & Insights
SIFMA Asset Management Group criticized an SEC proposal to amend the "Names Rule" for investment companies. According to the SEC, the proposal would prevent investment companies from using names that may be potentially deceiving.
CFTC Commissioner Kristin N. Johnson called for a strong regulatory framework for digital assets that provides strong retail investor protections.
The FDIC issued cease-and-desist orders to five crypto-related companies to demand the companies stop making statements claiming the FDIC insures various crypto exchanges or products.
OFAC issued a new General License that authorizes transactions ordinarily incident and necessary to the closing of personal accounts at financial institutions that are blocked pursuant to Russian Harmful Activities Sanctions Regulations.