The SEC adopted changes to the exemptions for certain clearing agencies and broker-dealer/futures commission merchants concerning the portfolio margining of swaps and security-based swaps that are cleared credit default swaps.
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Deputy Treasury Secretary Wally Adeyemo outlined the need for public-private sector collaboration to address the national security risks arising from the expanding digital asset industry.
At the SEC Asset Management Advisory Committee meeting, SEC officials reviewed asset management priorities under regulatory consideration.
FIA CEO Walt Lukken highlighted market and regulatory shifts in light of technological advancements with respect to cryptocurrency and the post-trade settlement process.
CFTC Commissioner Dawn Stump asserted that market participants need more clarity on the regulatory authorities of federal agencies with respect to cryptocurrencies and digital assets.