New Jersey Governor Mikie Sherrill directed executive-branch departments to find and recommend ways to curb "junk fees" in the industries they regulate, including fees charged by financial institutions, mortgage lenders, and consumer-finance companies.
News & Insights
According to a new paper from the ISDA Future Leaders in Derivatives ("IFLD,") digital assets are ready for institutional derivatives markets but the post-trade infrastructure is not.
The SEC extended by one year, to November 2027, the deadlines for complying with 2024 amendments to Regulation NMS that set a smaller minimum tick size and lower exchange access-fee caps.
FinCEN promoted the use of a safe harbor that allows greater information sharing among financial institutions to help detect fraud, money laundering, terrorist financing, narcotics trafficking, sanctions evasion, and other criminal activity.
The CFTC's Division of Market Oversight issued no action positions against two crypto exchanges for potential violations under CFTC Rule 40.6 ("Self-Certification") conditioned on the removal of expiration dates from their existing digital-commodity futures, a change that would turn the contracts into perpetual futures.