The Nasdaq Stock Market LLC proposed amending its equity rules to allow members to trade securities in tokenized form on the exchange.
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At an Organization for Economic Cooperation and Development roundtable, SEC Chair Paul S. Atkins outlined the agency's revised approach to international capital markets and a return to its core mandate of capital formation, with a focus on fostering financial innovation.
The CFTC withdrew a proposed rule to establish an "Operational Resilience Framework" for futures commission merchants, swap dealers, and major swap participants.
FinCEN issued a modified Geographic Targeting Order ("GTO") "requiring [money] services businesses along the southwest border … to report and retain records of currency transactions [exceeding] $1,000 but not [exceeding] $10,000, and to verify the identity of [individuals conducting] such transactions."
The Office of the Comptroller of the Currency clarified how it will factor instances of politicized or unlawful debanking into bank licensing applications and Community Reinvestment Act reviews.