The Options Clearing Corporation proposed amendments to its clearing membership standards that would tighten onboarding requirements for new applicants and expand its authority to impose risk-based capital levels on existing members or to suspend existing members.
News & Insights
The Bank for International Settlements' Committee on Payments and Market Infrastructures and the International Organization of Securities Commissions published for consultation a cyber resilience toolkit and a discussion paper to help financial market infrastructures manage cyber and third-party service provider risks.
OFAC sanctioned 36 individuals and entities for supporting Iran's aviation sector and evading sanctions to procure U.S.-origin aircraft and technology.
The SEC sought comment on three immediately effective rule changes by the Texas Stock Exchange: one establishing a Lead Market Maker program for exchange-traded products, one allowing new ETPs to begin trading in the pre-market session, and one permitting the exchange to conduct its Opening Auction and Closing Auction in unlisted trading privileges securities that TXSE designates in its discretion.
CFTC Director of International Affairs Mel Gunewardena warned that international regulatory architecture has not kept pace with markets that are becoming continuous, programmable, composable, and autonomous.