Federal Reserve Board Governor Lael Brainard highlighted "core" legal and regulatory challenges regarding stablecoin projects with international reach, such as Facebook's Libra.
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The CFTC voted to propose amending its uncleared swap margin regulations to (i) extend the implementation date of initial margin requirements, and (ii) exempt certain transactions from uncleared margin requirements.
CFPB Director Kathleen L. Kraninger testified before the House Financial Services Committee on regulatory developments at the agency.
FINRA reminded market participants that it will no longer support the Computer-to-Computer Interface as a reporting method for TRACE and Over-the-Counter Reporting products.
A financial advisor pleaded guilty to conspiracy, money laundering, and violations of the Foreign Corrupt Practices Act.