Regulatory Updates
US Securities and Exchange Commission Published Study on Payment for Order Flow in Crypto Markets
On 24 January 2025, the United States Securities and Exchange Commission (US SEC) published a pivotal working paper titled "How Does Payment for...
Mark T. Uyeda Announces Key Acting Appointments at US Securities and Exchange Commission
On 24 January 2025, the US Securities and Exchange Commission (US SEC) announced significant interim appointments made by Acting Chairman Mark T....
Acting Chairman Pham Announces Key CFTC Leadership Changes Amid New Administration
On 22 January 2025, the United States Commodity Futures Trading Commission (US CFTC) announced significant leadership changes under Acting Chairman...
US SEC Fines Digital Currency Group and Former Genesis CEO for Misleading Investors
On 17 January 2025, the United States Securities and Exchange Commission (US SEC) published order instituting cease-and-desist proceedings, pursuant...
US SEC Proposes Novel Compensation Plan for Barclays Investors, Raising Legal and Policy Questions
On 22 January 2025, the United States Securities and Exchange Commission (US SEC) published a Notice of Proposed Plan of Distribution and...
US SEC Unveils Crypto 2.0 Task Force to Reform Digital Asset Regulation
On 21 January 2025, the United States Securities and Exchange Commission (US SEC) launched the Crypto 2.0 Task Force, an initiative to overhaul the...
Leadership Transitions at the US SEC: A Realignment Following Presidential Change
The United States Securities and Exchange Commission (US SEC) has announced a series of leadership changes, coinciding with the transition to...
Hong Kong’s SFC Publishes Circular for Virtual Asset Platform Regulations with Stricter Conduct Standards
On 16 January 2025, the Hong Kong Securities and Futures Commission (HK SFC) published “Circular to Licensed Corporations, SFC-licensed Virtual...
Caroline D. Pham Appointed Acting Chairman of US CFTC
On 20 January 2025, the United States Commodity Futures Trading Commission (US CFTC) has unanimously appointed Commissioner Caroline D. Pham as...
US SEC Sanctions LPL Financial with $18 Million Fine for AML Violations
On 17 January 2025, the United States Securities and Exchange Commission (US SEC) published an order instituting administrative and cease-and-desist...
US SEC Announces Departure of International Affairs Director YJ Fischer
On 16 January 2025, the United States Securities and Exchange Commission (US SEC) announced the departure of YJ Fischer, Director of the Office of...
US SEC Charges Two Sigma with Failing to Address Model Vulnerabilities, Imposes $90 Million Penalty
On 16 January 2025, the United States Securities and Exchange Commission (US SEC) announced order instituting administrative and cease-and-desist...