The CFTC proposed to amend the mandatory clearing requirement to remove LIBOR and other interbank offered rates and include risk-free rates such as SOFR.
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In a response to a Request for Information, SIFMA urged the Department of Labor to continue using a principles-based approach to regulation and expressed concern that its proposed method for compliance with E.O. 14030 may deviate too far from that approach.
The SEC extended the comment periods for recently proposed rulemakings relating to climate disclosure, private fund advisers and exchange registration.
OFAC took a series of actions targeted at "individuals and entities critical to Russia's ability to wage war against Ukraine." In connection with these actions, OFAC published four new General Licenses, two new Executive Order Determinations and a set of FAQs.
The founders of a cryptocurrency derivatives exchange settled CFTC charges related to owning and operating an unregistered platform.