The SEC proposed a new rule that would establish new governance requirements for clearing agencies.

In his Spring 2022 Regulatory Flexibility Agenda, SEC Chair Gensler listed proposed rules the agency will consider in the next 12 months that are likely to have a significant economic impact on a substantial number of registered entities.

OFAC sanctioned a virtual currency mixer responsible for laundering over $7 billion since its inception, as well as facilitating illicit activities for OFAC-sanctioned entities. This is the first time OFAC sanctioned a decentralized technology protocol instead of an individual, group or entity.

The CFTC published in the Federal Register a proposed Order to allow substituted compliance for capital requirements applicable to nonbank swap dealers organized and domiciled in Japan.

A jury returned a rare verdict in a "qui tam" False Claims Act matter, finding a pharmaceutical company liable for $61 million in damages arising out of purported misconduct involving the Medicaid Drug Rebate Program.