Regulatory Updates
Gary Gensler Reflects on His Tenure in Final SEC “Office Hours”
On 16 January 2025, Gary Gensler, Chair of the United States Securities and Exchange Commission (US SEC), released the final episode of his Office...
IOSCO Publishes Final Report on Initial Margin Transparency in Centrally Cleared Markets
On 15 January 2025, the International Organization of Securities Commissions (IOSCO), in collaboration with the Basel Committee on Banking...
US CFTC and Bank of England Collaborate on Report Enhancing Margin Practices in Cleared Markets
On 15 January 2025, the United States Commodity Futures Trading Commission (US CFTC) and the Bank of England issued statements on the release of...
US SEC Chief Economist Jessica A.Wachter to Depart, Returning to Academia
On 15 January 2025, the United States Securities and Exchange Commission (US SEC) announced the upcoming departure of Jessica A. Wachter, Chief...
US CFTC Announces Departure of Clearing and Risk Director Clark Hutchison
On 13 January 2025, the United States Commodity Futures Trading Commission (US CFTC) announced the departure of Clark Hutchison, Director of the...
ASIC Seeks Feedback on Extending Relief for Business Introduction Services
On 13 January 2025, the Australian Securities and Investments Commission (ASIC) announced that it is consulting on the future of the ASIC...
Gemini Trust Fined $5 Million for Misleading the US CFTC on Bitcoin Futures Product
On 13 January 2025, the United States Commodity Futures Trading Commission (US CFTC) announced that Gemini Trust Company LLC, a New York-based trust...
Mosaic Exchange Ltd. and CEO Ordered by US CFTC to Pay Over $1.1 Million for Cryptocurrency Fraud Scheme
On 13 January 2025, the United States Commodity Futures Trading Commission (US CFTC) announced that Mosaic Exchange Ltd. and its CEO, Sean Michael,...
US SEC Fines Robinhood Broker-Dealers $45 Million for Regulatory Violations
On 13 January 2025, the United States Securities and Exchange Commission (US SEC) published order instituting administrative and cease-and-desist...
UK FCA Fines Arian Financial LLP £288,962.53 for Failures Linked to Cum-Ex Trading
On 10 January 2025, the United Kingdom Financial Conduct Authority (UK FCA) announced that it had fined Arian Financial LLP £288,962.53 for failings...
HK SFC Warns Public About Unlicensed Virtual Asset Trading Platform “iSCAT Exchange”
On 10 January 2025, the Hong Kong Securities and Futures Commission (HK SFC) issued a public warning against an unlicensed virtual asset trading...
US SEC Updates Investment Company Names Rule with New FAQs, Retiring Obsolete Guidelines
On 7 January 2025, the United States Securities and Exchange Commission (US SEC) published updated Frequently Asked Questions (FAQs) related to Rule...