Commentary by Steven Lofchie
U.S. Attorney General William P. Barr and UK Home Secretary Priti Patel entered into a cross-border agreement that "will dramatically speed up investigations by removing legal barriers to timely and effective collection of electronic evidence."
FINRA cautioned investors on the risks associated with trading binary options and offered guidance on how to avoid certain schemes.
FDIC Chair Jelena McWilliams asked technology experts to join the agency and "reshape our supervisory approach in a rapidly evolving digital world."
The SEC final rule extending "test-the-waters" accommodations that allow certain communications in a contemplated initial public offering to all issuers, rather than solely to emerging growth companies, was published in the Federal Register.
ISDA CEO Scott O'Malia highlighted potential issues affecting derivatives trading obligations following Brexit in the absence of an equivalence determination.