Outlining the need for these amendments, Թ and Exchange Commission chair Gary Gensler indicates that some broker-dealers continue to rely on exemptions from national securities association registration that are “older than the cell phone era
The consultation package provides a framework to guide the activities of service providers under the Regulation on Markets in Cryptoassets (MiCA), which entered into force in the European Union on 29 June 2023
The Թ and Exchange Commission has charged 10 broker-dealer firms with recordkeeping failures and violations relating to their use of electronic communications
As part of its responsibility to preserve financial stability, the Bank of England has proposed additional powers to restrict discretionary payments to CCP shareholders or employees in severe circumstances, including dividends and share buy-backs
The Թ and Exchange Commission has fined a New Jersey-based exchange-traded fund manager for breaches relating to the award of a securities lending mandate and for taking actions detrimental to the best interests of the fund and its investors
The UK financial regulator will extend temporary measures introduced in January 2022 relating to short sales reporting under UK RTS 22 and it will widen these provisions to SFT fields and other indicators
The Commodity Futures Trading Commission proposes to eliminate a provision disqualifying securities issued by certain pooled investment funds that transfer assets through securities lending and borrowing, repo and reverse repo
The European Commission has highlighted “strategic deficiencies” in the UAE’s anti-money laundering and counter financing of terrorism regime and added the jurisdiction to its list of high-risk countries on 16 March 2023
The UK regulator will extend access to the scheme to a wider range of start-ups and allow data providers to list their data on the platform, extending access to over 200 synthetic, public or anonymised data sets
These recommendations aim to contain the impact of large margin changes on clearing participants and their clients, and to prevent contagion of liquidity stresses to other parts of the financial ecosystem