A CFTC final rule updating the swap execution facility regulatory regime was published in the Federal Register. The final rule will go into effect on February 16, 2021.

The SEC adopted a rule exempting certain security-based swap execution facilities and security-based swap dealers from the requirement to also register as clearing agencies.

The SEC Office of Investor Education and Advocacy warned of an uptick in investment scam-related tips, complaints and referrals and cautioned investors "to protect themselves and others from becoming victims of investment fraud."

Members of the Alternative Reference Rates Committee and other market participants urged Governor Andrew Cuomo, Senate Majority Leader Andrea Stewart-Cousins and New York State Assembly Speaker Carl Heastie to support the adoption of a legislative proposal intended to help facilitate the transition away from LIBOR.

A China-based coffee company settled SEC charges for materially misstating revenue, expenses and net operating losses in order to give investors the false impression of rapid growth and increased profitability, and to satisfy earnings estimates.