In a Press Release the U.S. District Court of Massachusetts held the CFTC has jurisdiction to enforce Cryptocurrencies as commodities.
World Investor Week is a 7 day global campaign dedicated to investor protection and education. The CFTC, NFA ,SEC and FINRA will participate.
FINRA Charges Ayre with Fraud and Unlawful Distribution of Unregistered Cryptocurrency Securities HempCoin FINRA announced today that it filed a complaint against Timothy Tilton Ayre of Agawam, Massachusetts, charging him with securities fraud and the unlawful distribution of an unregistered cryptocurrency security called HempCoin. This case represents FINRA’s first disciplinary action involving cryptocurrencies. In the complaint, […]
Federal judge orders Patrick K. McDonnell to pay over $1.1 million in connection with a lawsuit brought by the (CFTC) alleging fraud in connection with virtual currencies, including Bitcoin and Litecoin, CFTC announces.
Financial Stability Board, Basel Committee, and standard-setting bodies consult on effects of reforms on incentives to centrally clear over-the-counter derivatives
The National Futures Association has sent a rule submission letter to the CFTC regarding new disclosure obligations for FCMs, IBs, CPOs, CTAs, and Pools and Managed Account Programs engaging in virtual currency derivatives and virtual currency transactions as well as other activities in underlying or spot virtual currencies would require the new disclosure.
CFTC and SEC Update 2008 Swaps MOU for Cohesion and Efficiency Latest press release from the CFTC and the SEC shows how far the two regulatory agencies have come to a cohesive approach to market regulation where their respective jurisdictions might overlap. This updated Memorandum of Understanding promises cooperation between the two regulators for efficiency. […]
Today the National Futures Association issued a press release announcing that its board approved the formation of a Swaps Proficiency Requirements Advisory Committee which will oversee the development of a Swaps Proficiency program for individuals to be tested on, according to the Commodity Exchange Act’s training standards. The exam would test Associated Persons on market […]
CFTC No Action from Including International Swaps for Global Development CFTC Reduces Marketplace Barriers for Global Development Initiatives May 16, 2018 Washington, DC — The Commodity Futures Trading Commission’s Division of Swap Dealer and Intermediary Oversight (DSIO) today granted relief to non-US counterparties who enter into swaps with International Financial Institutions (IFIs), such as development banks. […]
Last week the NFA sent a notice regarding the Department of Treasury’s Office of Foreign Assets Control (OFAC) as it applies to Virtual Currency such as Bitcoin. The NFA urges its Futures Commission Merchants (FCM) and Introducing Brokers (IB’s) to review the OFAC FAQ for cryptocurrency transactions compliance with their Anti-Money Laundering program.
Press release about the Basel Committee publishing more details on global systemically important banks (16 November 2018) […]
On Nov. 14, FIA submitted a letter to the CFTC and the SEC proposing several areas where it recommends that the CFTC and the SEC coordinate and harmonize their regulatory programs for cleared...The UK and the European Union have today confirmed the provisional text for the Brexit withdrawal agreement. This sets out plans for addressing a range of key issues including citizens' rights,...FIA, Deutsches Aktieninstitut, AFME, EDMA, ICMA, Swiss Finance Council and ISDA (together “the Associations”) welcome the debate about equivalence and support the reforms to promote the safety and...On Nov 5, the U.S. Commodity Futures Trading Commission held a public meeting to discuss two rules and a request for comment related to swap markets. This was the agency's first open meeting since...On Oct. 30, the Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency issued a rulemaking proposal seeking comment on an alternative...On Oct. 17, FIA submitted a comment letter responding to amendments to the Volcker Rule proposed by U.S. banking regulators and market regulators in July. The letter focused on a section of the...FIA welcomes the European Commission’s decision to allow EU27 firms temporary continued access to UK clearinghouses, as confirmed by Commission Vice President Valdis Dombrovskis. Such a move means... (RSS generated with FetchRss) […]
The Board of Directors of the Bank for International Settlements (BIS) today announced the election of Bank of Korea Governor Juyeol Lee to the Board. […]
The Bank for International Settlements (BIS) today announced that Siddharth Tiwari has joined the BIS as Chief Representative for Asia and the Pacific. […]
Information about the fourth FSI-GPFI conference on global standard-setting bodies and innovative financial inclusion, Basel, Switzerland, 25-26 October 2018 […]
Press Release - Basel Committee calls for further progress in the implementation of Basel III standards, 26 October 2018. Release of the "Fifteenth progress report on adoption of the Basel regulatory framework". […]
Press Release - Basel Committee seeks views on the leverage ratio treatment of client cleared derivatives, 18 October 2018. […]
Press Release - Basel Committee issues final "Stress testing principles", 17 October 2018. […]
Press Release - Basel III monitoring results published by the Basel Committee, 4 October 2018. […]
Press release about CPMI the release of the new Red Book payments statistics in a user-friendly format, 27 September 2018. […]
Press Release - the Basel Committee on Banking Supervision assesses Saudi Arabia's implementation of the NSFR regulation and the large exposures framework, 27 September 2018. […]
BIS Press Release - The September issue of the BIS Quarterly Review - Divergences widen in markets […]
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Press Release - the Basel Committee on Banking Supervision is finalising stress-testing principles, reviews ways to stop regulatory arbitrage behaviour, agrees on annual G-SIB list, discusses leverage ratio, crypto-assets, market risk framework and implementation, 20 September 2018. […]
Press Release - the Basel Committee on Banking Supervision is issuing frequently asked questions on the liquidity risk treatment of settled-to-market derivatives, 20 September 2018. […]
Financial fraud routinely follows on the heels of disaster. Hurricane Florence and its aftermath are no exception. We are issuing this Alert to warn investors that investment scams may come your way touting stocks and other investments with the promise of huge gains in the wake of Florence. […]
Press release about Markets Committee analysing changes in fast-paced electronic markets (17 September 2018) […]
CPMI Press Release "Payment, clearing and settlement operators meet on global cyber-resilience", 14 September 2018. […]
CPMI Press Release "Call for comments on governance of OTC derivatives data", 16 August 2018. […]
FINRA is issuing this alert to inform investors that investments in digital assets, such as ICO tokens and cryptocurrencies, can involve significant uncertainty, as well as risks that are different from more conventional assets like stocks or bonds. […]