FINRA elected Wendy Lanton and reelected Jim Nagengast to the Board of Governors.
News & Insights
The Alternative Rates Reference Committee developed a Secured Overnight Financing Rate "Starter Kit" to provide information about the transition from LIBOR to SOFR.
The Cboe C2 Exchange, Inc. imposed sanctions against a broker-dealer for trading on two customer orders prior to disclosing them to the trading crowd.
The U.S. Senate Committee on Banking, Housing, and Urban Affairs approved the renomination of Commissioner Hester M. Peirce to the SEC and the nominations of Caroline A. Crenshaw to the SEC and Kyle Hauptman to the National Credit Union Administration Board.
President Trump issued two separate Executive Orders to "address the threat" created by the U.S. operations of two social media applications, TikTok and WeChat. In addition, OFAC designated Hong Kong Chief Executive Carrie Lam, among other officials, to its Specially Designated Nationals and Blocked Persons List.