The CFTC proposed an optional federal registration path for crypto exchanges that offer retail customers margined, leveraged, or financed trading. The proposal is an advanced notice of proposed rulemaking for Regulation Crypto Asset Transactions and Regulation Crypto Asset Markets.
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FinCEN proposed barring covered financial institutions from sending or receiving funds involving companies tied to the A7 Network, a Russia-linked service that helps Iran and other sanctioned parties move money.
Congress passed the Common Cents Act, which directs Treasury to stop making 1-cent coins for circulation and lets businesses round cash transactions to the nearest 5 cents.
The SEC adopted an amendment under which one Commissioner constitutes a quorum on a matter where every other sitting Commissioner is disqualified from it.
DOJ's National Fraud Enforcement Division directed prosecutors to bring corporate fraud cases under a new Corporate Enforcement Section's oversight and to give "great weight" to 10 factors in charging decisions.