Strengthening Democracy Task Force Co-Chair John Sarbanes (D-MD) and Representative Jamie Raskin (D-MD) urged the CFTC to reject a "congressional control event contract proposal" which would allow individuals to bet on a political party’s control in Congress.
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The CFTC proposed amendments to rules governing confirmation of transactions on swap execution facilities.
Treasury Assistant Secretary Graham Steele elaborated on lessons learned and regulatory principles that were "reinforced" following the recent bank failures.
The SEC proposed amendments to exemptions from the prohibition on Commission registration for certain investment advisers that provide advisory services through the internet.
The CFTC proposed amendments to its uncleared swaps margin requirements to (i) expand the scope of money market funds that qualify as acceptable collateral and (ii) provide an exception from "affiliate" status for certain investment funds "seeded" primarily by entities in scope for the rules.