The Crypto Council for Innovation warned that the center of gravity for the global digital asset industry has shifted offshore and urged Congress to pass comprehensive market structure legislation to reverse the trend.
News & Insights
The CFTC proposed new rules, amendments to existing regulations, and guidance to address conflicts of interest that arise when regulated entities share common ownership with market participants.
The U.S. District Court for the Southern District of New York denied KalshiEX LLC's motion for an emergency injunction pending appeal that would have barred the New York State Gaming Commission from enforcing state gambling laws against the prediction-market operator.
An investment adviser settled SEC charges for causing its ETFs to engage in prohibited affiliate transactions, exceed permissible leverage thresholds, and fail to disclose that distributions were returns of capital.
FINRA issued Regulatory Notice 26-15 requesting public comment on how its principles-based best execution guidance should be amended in light of the SEC's proposal to rescind the trade-through prohibition and locked-market rules under Regulation NMS.