Commentary by Steven Lofchie
House Financial Services Committee Chair Maxine Waters (D-CA) requested an immediate moratorium of Facebook's proposed blockchain-based cryptocurrency Libra and the digital wallet Calibra.
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Commentary by Steven Lofchie
The Federal Reserve Board and the CFPB final rule to implement a requirement for certain dollar amounts and thresholds to be inflation-adjusted was published in the Federal Register.
The SEC granted no-action relief to an Indian issuer in order to conduct a partial tender offer for shares of the company.
FINRA increased margin requirements for exchange-traded notes and options in order to address the complexity of these products, as well as confirming that exchange-traded notes and options on them are not allowed for portfolio margining.