Commentary by Ilan T. Graff
The DOJ charged two individuals with (i) conspiracy to commit wire fraud and (ii) conspiracy to commit money laundering in connection with an alleged million-dollar scheme to defraud purchasers of non-fungible tokens.
The SEC proposed amendments to rules on securities market manipulation that would remove references to reliance on credit rating agencies.
SEC New York Regional Office Director Richard R. Best was appointed the new Acting Director of the Division of Examinations.
The CFTC extended the comment period on the application of FTX US Derivatives' proposal to expand its services.
NFA directed member firms to a recent FinCEN Alert stressing the AML obligations of futures commission merchants and introducing brokers in the wake of recent Russia-related economic sanctions.