Regulatory Updates
ASIC Announces Key Appointments to Executive Leadership Team as Part of Ongoing Transformation
On 17 October 2024, the Australian Securities and Investments Commission (ASIC) has continued its significant transformation efforts and announced...
US CFTC Roundtable on Clearing Issues: Focus on Digital Assets and Market Evolution
On 16 October 2024, the United States Commodity Futures Trading Commission’s Division of Clearing and Risk held a significant roundtable discussion...
U.S. SEC Charges Registered Representative for Fraud and Violations of US Regulation Best Interest
On 16 October 2024, the United States Securities and Exchange Commission filed a complaint against Baris Cabalar, a registered representative at PHX...
MAS Updates on Settlement Periods, Safeguarding Customer Funds, and Scam Compensation Frameworks
On 15 October 2024, Mr Gan Kim Yong, Deputy Prime Minister and Chairman of the Monetary Authority of Singapore (MAS), provided written replies in...
US Court Orders Unsealing of US CFTC Case Against Traders Domain FX LTD, Making All Documents Public
On 11 October 2024, the United States District Court for the Southern District of Florida issued an Order related to Case No. 24-cv-23745-ALTMAN....
Hong Kong’s SFC Announces Appointment of Dr. Kelvin Wong Tin-yau as New Chairman
On 14 October 2024, the Hong Kong’s Securities and Futures Commission (HK SFC) announced the appointment of Dr. Kelvin Wong Tin-yau as its new...
Monochrome’s Ethereum ETF Launches, Offering Australia’s First Spot ETH Exposure
On 14 October 2024, Monochrome Asset Management launched Australia’s first spot Ethereum exchange-traded fund (ETF), IETH, on Cboe Australia,...
ASIC Publishes 2024 Licensing Reforms: Crypto Assets, BNPL Regulations, and Financial Accountability Among Key Changes
On 11 October 2024, the Australian Securities and Investments Commission (ASIC) published Report 797, titled Licensing and Professional Registration...
Singapore’s Joint Advisory Warns of Rise in Government Official Impersonation Scam Involving Banks
On 10 October 2024, the Singapore Police Force and the Monetary Authority of Singapore issued a joint advisory alerting the public to a surge in...
United States CFTC Issues No-Action letter to KalshiEX and Kalshi Klear for Transition in Clearing Operations
On 4 October 2024, the United States Commodity Futures Trading Commission issued a supplemental no-action letter in response to a request from...
Cumberland DRW LLC, Subsidiary of DRW Holdings, Faces United States SEC Enforcement Action for Alleged Unregistered Securities Trading
On 10 October 2024, the United States Securities and Exchange Commission sought to initiate legal proceedings against Cumberland DRW LLC, a crypto...
U.S. SEC Filed a Complaint Against ZM Quant Investment Ltd. Alleging Crypto Market Manipulation and Demanding Jury Trial
On 9 October 2024, the U.S. Securities and Exchange Commission (SEC) filed a complaint against ZM Quant Investment Ltd., Baijun Ou, and Ruiqi Lau,...