Commentary by Steven Lofchie
The NFA charged a Singapore-based, CFTC-registered introducing broker and its managing director with failure to maintain records of oral and written transaction communications and related supervisory failures.
SEC Commissioner Caroline A. Crenshaw reviewed the "meteoric rise" in special purpose acquisition companies "in the context of changes in both the public and private markets."
In a blog post, SIFMA executives criticized the SEC for a "ready, fire, aim" approach to regulation.
In a Fact Sheet, the DOJ outlined proposed legislation to add resources and capabilities "to isolate and target the crimes of Russian officials, government-aligned elites, and those who aid or conceal their unlawful conduct."
In a podcast interview, OCC Comptroller Michael J. Hsu highlighted the importance of "inclusion" in the development of a regulatory framework for crypto activities.