The Commodity Futures Trading Commission withdrew two advisories: one on the review of risks related to clearing digital assets, and the other on virtual currency derivative product listings. The CFTC’s Division of Clearing and Risk announced in CFTC Letter No. 25-08 that it is withdrawing...
Massachusetts’ securities regulator is reportedly investigating Robinhood’s newly launched prediction-markets hub. Secretary of State Bill Galvin told Reuters on Monday (March 24) that his office sent a subpoena to Robinhood seeking copies of the company’s marketing materials and information about how many of the company’s...
Financial institutions should watch for suspicious activity that may indicate relationship investment scams and should use specific Suspicious Activity Report (SAR) filing instructions and key terms to help law enforcement detect these scams, the Financial Crimes Enforcement Network (FinCEN) said in a Wednesday (Feb. 26)...
The Commodity Futures Trading Commission (CFTC) has named the former director of its Whistleblower Office, Brian Young, as its director of enforcement. The appointment was announced Friday (Feb. 14) by CFTC Acting Chairman Caroline D. Pham, according to a CFTC press release. Young had been...
January 07, 2025
The 119th U.S. Congressional session has begun, and the digital asset sector is hoping there will soon be favorable and clear regulatory guardrails for cryptocurrency markets and stablecoins. During his campaign, President-elect Donald Trump pledged to transform the United States into the “crypto capital of the planet,” and, per the nonprofit industry group Stand With […]
April 10, 2025
The Commodity Futures Trading Commission (CFTC) released an interpretive letter providing views on certain foreign exchange (FX) transactions. The letter (CFTC Letter No. 25-10) delivers the views of the CFTC’s Market Participants Division and Division of Market Oversight on the characterization of certain FX transactions as being swaps, FX forwards or FX swaps, as defined in the Commodity Exchange […]
March 28, 2025
The Commodity Futures Trading Commission withdrew two advisories: one on the review of risks related to clearing digital assets, and the other on virtual currency derivative product listings. The CFTC’s...
March 24, 2025
Massachusetts’ securities regulator is reportedly investigating Robinhood’s newly launched prediction-markets hub. Secretary of State Bill Galvin told Reuters on Monday (March 24) that his office sent a subpoena to Robinhood...
February 26, 2025
Financial institutions should watch for suspicious activity that may indicate relationship investment scams and should use specific Suspicious Activity Report (SAR) filing instructions and key terms to help law enforcement...
