In an advisory on the clearing of options on various spot commodity-based exchange traded fund share products, CFTC staff concluded that "it is substantially likely" that these products are securities and fall under SEC oversight.

Acting SEC Enforcement Director Sanjay Wadhwa defended the decision to empower frontline Division staff "by largely deferring to their judgment on various issues in our investigations and our recommendations to the Commission."

Join Norton Rose Fulbright and Compliance Risk Concepts to discuss common themes in "off-channel" communication cases and the practical steps firms can take to address regulatory concerns on Monday, November 25, 2024, from 12:00 pm to 1:00 pm ET.

In a new guide for sell-side and buy-side market participants, SIFMA and EY offered both insights and practical considerations to prepare for upcoming SEC Treasury Clearing Rule compliance dates.

CFPB Director Rohit Chopra warned consumer financial firms that the CFPB will enforce the new FTC "Click-to-Cancel" Rule, which simplifies cancellation of subscriptions and memberships.