In a new risk alert, the SEC Division of Examinations highlighted observed compliance deficiencies by investment advisers on rules preventing the misuse of nonpublic information.
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ISDA responded to the European Securities and Markets Authority's "call for evidence" on a proposed climate risk stress testing procedure for central counterparties.
SEC Chair Gary Gensler previewed current and future agency efforts to further regulate the "$50 trillion-plus U.S. bond markets." Mr. Gensler asserted that the fixed income markets need (i) greater transparency, (ii) additional rules for electronic platforms and (iii) to increase financial resiliency.
A broker settled FINRA charges for failing to report timely transactions in the Trade Reporting and Compliance Engine and for related supervisory failures.
OFAC issued two General Licenses under the Ukraine Related Sanctions Regulations which extend to May 25, 2022 certain wind-down transactions involving GAZ Group.