The U.S. Department of Treasury Office of Foreign Assets Control designated 17 Saudi government officials for their alleged role in the killing of a Saudi journalist.

The New York State Department of Financial Services ("NYDFS") granted a virtual currency and money transmission license to a subsidiary of the New York Digital Investment Group ("NYDIG"). The authorization permits NYDIG to offer trade execution and related custody services in virtual currencies, including Bitcoin, Bitcoin Cash, Ether, XRP and Litecoin.

SIFMA recommended clarifications of proposed guidance in relation to (i) the posting of bids-wanted on trading platforms and (ii) "pennying." ( See generally MSRB Requests Comment on Agency Execution Procedures.) In comments submitted to the MSRB, SIFMA called for clearer definitions and guidance. SIFMA said that "pennying" should be defined as the "persistent or pattern of internalization of orders for which the dealer internalized at prices that are only nominally better than the cover bids." SIFMA said "nominal" should be defined and determined by a "facts and circumstances analysis." SIFMA

The Financial Crimes Enforcement Network ("FinCEN") reissued a Geographic Targeting Order ("GTO") requiring title insurance companies to collect and report beneficial ownership information for certain real estate purchases. The reissued GTO applies when a legal entity purchases residential real estate in specified areas, the purchase price is $300,000 or more, and the transaction does not involve a bank loan or similar external financing. Previously, the purchase amount threshold varied by city. The new GTO adds Boston, Chicago, and Las Vegas to the list of specified areas, which also includes

CFTC Enforcement Director James M. McDonald described the CFTC's guiding priorities for the Division's enforcement program. The program is intended to have broad "social impact" and promote a "culture of compliance," he said. In a speech delivered at NYU Law School, Mr. McDonald highlighted four primary priorities: " Preserving market integrity": The Division works to ensure an effective price discovery process. " Protecting customers": The Division prioritizes staying "one step ahead" of bad actors. " Promoting individual accountability": The Division makes individual accountability the