The CFTC Market Participants Division and the Division of Clearing and Risk issued no-action relief from swaps margin rule and mandatory clearing requirements related to legacy swaps affected by the merger of UBS Group AG and Credit Suisse Group AG and the winding down of Credit Suisse International.

Federal banking regulators issued a temporary order granting exceptions to appraisal requirements for real estate-related transactions in Los Angeles County, California. The relief follows a disaster declaration issued by President Biden on January 8, 2025, "as a result of wildfires and straight-line winds."

A firm settled FINRA charges for failing to respond to FinCEN requests for information and for other AML compliance violations.

President Trump signed a Congressional Review Act Resolution to strike down an IRS rule requiring "persons effectuating decentralized financial (DeFi) transactions to report [gross proceeds] information regarding digital asset sales."

The CFTC Market Participants Division clarified that certain US Treasury exchange-traded funds may be used as eligible initial and variation margin for uncleared swap transactions.