5/22/2025 3:02:56 PM Regulatory Clarity and Practical Challenges: Unpacking CFTC Letters 25-09 and 25-10 By Carl Kennedy Alex Kim Derivatives market participants continue to process the implications of two significant interpretive letters issued by the Commodity...
5/16/2025 9:05:45 PM A Sigh of Relief: SEC Reporting Parties Can Continue Following CFTC Reporting Rules When Reporting Security-Based Swap Data Until 2029 By Carl Kennedy Nicholas Gervasi As a result of the Securities and Exchange Commission (SEC or the Commission) recently extending relief that the Commission originally...
5/16/2025 7:40:41 PM SEC’s Division of Trading and Markets Issues New FAQ Guidance on Broker-Dealer Custody and Net Capital Treatment of Cryptoassets By Dan Davis Susan Light Wayne Aaron James Brady Alex Kim +2 more... Show less The Securities and Exchange Commission (SEC) has taken a significant step toward permitting broker-dealers to custody digital assets and...
5/5/2025 2:42:50 PM UK Cryptoassets: Draft Legislation and FCA Discussion Paper Published By Christopher Collins Neil Robson Carolyn Jackson Nathaniel Lalone Ciara McBrien Sara Portillo +3 more... Show less On 29 April, UK Chancellor Rachel Reeves announced the publication by HM Treasury of near-final legislation to bring cryptoassets within...
4/28/2025 9:22:37 AM Replacing UK PRIIPs: FCA Consults on Further Proposals for Consumer Composite Investments By Neil Robson Carolyn Jackson Nathaniel Lalone Christopher Collins Ciara McBrien Sara Portillo +3 more... Show less The UK Financial Conduct Authority (FCA) has recently published a consultation paper (CP25/9) setting out further proposals on product...
4/22/2025 8:56:45 PM A New Playbook: What the CFTC's Operating Divisions Will Consider When Making Enforcement Referrals By Carl Kennedy The three operating divisions of the CFTC (Division of Market Oversight, Market Participants Division, and the Division of Clearing and...
4/14/2025 5:01:24 PM SEC Issues Crypto Securities Disclosure Statement as IRS DeFi Broker Rule Repealed By Dan Davis Alex Kim The Securities and Exchange Commission (SEC) Division of Corporation Finance issued a new statement about SEC staff’s experience with SEC...
4/10/2025 6:47:49 PM After 12 Enforcement Actions and 9 No-Action Letters, CFTC Staff Effectively Repeals the Pre-Trade Mid-Market Mark Disclosure Requirement By Carl Kennedy The Commodity Futures Trading Commission's (CFTC or Commission) Market Participants Division (MPD) issued Letter 25-09, which effectively...
4/9/2025 2:13:31 PM DORA Compliance: Navigating the Latest Developments By Nathaniel Lalone Ciara McBrien On 24 March 2025, the following two developments relating to the implementation of the EU Digital Operational Resilience Act (DORA) took...
4/7/2025 2:41:29 PM SEC Provides Stablecoin Guidance Amid Legislative Developments By Dan Davis Alex Kim On Friday, the Securities and Exchange Commission's (SEC) Division of Corporation Finance issued guidance clarifying when certain...
4/1/2025 8:38:58 PM CFTC Withdraws Pair of Advisories on Heightened Review Approach to Digital Asset Derivatives By Dan Davis On March 28, the staff of the Commodity Futures Trading Commission (CFTC) issued two press releases announcing the withdrawal of two...
4/1/2025 6:28:31 PM Winding Back the Clock: CFTC Withdraws Controversial SEF Registration Staff Letter By Carl Kennedy Carolyn Jackson Nathaniel Lalone Christopher Collins +1 more... Show less The Division of Market Oversight (DMO) of the Commodity Futures Trading Commission (CFTC) has withdrawn its previous staff advisory...
3/26/2025 3:30:12 PM SEC Marketing Rule Update: New Staff FAQs on Performance Presentations By Adam Bolter On March 19, Staff from the Securities and Exchange Commission (SEC) issued much-needed (and anticipated) relief in the form of two new...
3/21/2025 2:49:26 PM SEC Clarifies Position on Proof-of-Work Mining: What It Means for Bitcoin and Beyond By Dan Davis Alex Kim The Securities and Exchange Commission's (SEC) Division of Corporation Finance issued a significant statement yesterday that certain...
3/19/2025 10:58:41 AM Navigating DORA Compliance: Recent Developments By Nathaniel Lalone Ciara McBrien The EU Digital Operational Resilience Act (DORA) took effect on 17 January 2025 after a two-year implementation period. DORA sets out new...
3/17/2025 7:33:09 PM FINRA Proposes and Seeks Comment on Simplified Rules for Outside Business Activities and Private Securities Transactions By Wayne Aaron On Friday, March 14, in Regulatory Notice 25-05, the Financial Industry Regulatory Authority (FINRA) proposed a new rule to address when...