CFTC Commissioner Dan M. Berkovitz will leave the CFTC on October 15, 2021. Upon Mr. Berkovitz's departure, the five-member commission will have only two remaining commissioners.
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22388 News Results
An indictment was unsealed in the U.S. District Court for the Southern District of New York charging a former account manager of a Swedish multinational telecommunications company with involvement in a bribery scheme in the Republic of Djibouti and conspiracy to commit money laundering.
At an SEC Investor Advisory Committee meeting, SEC Chair Gary Gensler and SEC Commissioner Hester M. Peirce offered contrasting views on market regulation, particularly as to new technologies and financial products.
FINRA published, and set compliance dates for, a new Supplemental Liquidity Schedule to the Financial and Operational Combined Uniform Single Report for "members with the largest customer and counterparty exposures."
The FTC approved "largely technical changes" to five rules under the Fair Credit Reporting Act. The amendments clarify that the FCRA rules, as enforced by the FTC, apply only to motor vehicle dealers, since Dodd-Frank transferred authority for the regulation of other types of entities to the CFPB.