The two US regulators issued a joint request for input on harmonizing security-based swap and swap reporting requirements, targeting divergent data fields, identifiers and validation rules that drive up compliance costs.
SEC
Commissioner Mark T. Uyeda used remarks at Jagiellonian University to connect the SEC’s climate rollback with a push for capital-formation-friendly regulation.
Wedbush says it has already implemented the replacement for the PDT rule, which took effect June 4 after FINRA scrapped the $25,000 minimum equity requirement.
The SEC has proposed removing Rules 611 and 610(e) of Regulation NMS, which cover trade-through prohibition and restrictions on locking and crossing quotations.
The US CFTC wants to make smaller whistleblower award determinations more formulaic, mirroring a framework the SEC has used since 2020.
Hester Peirce told attendees at a Washington summit on Tuesday that she is leaving the city after nearly 30 years. She will take up a teaching role in November.
The SEC sustained a $50,000 joint fine against Titan Securities and one-year suspension of its sole owner Brad C. Brooks tied to a 2012 private placement.
Western Asset accepted a $100m fine from the SEC and created a Fair Fund for investors affected by its former co-CIO’s alleged cherry-picking of trade allocations.
SEC Commissioner Mark Uyeda told the Investor Advisory Committee that redemption caps worked as designed, but investor surprise points were a concern.
The SEC’s Hester Pierce used the Investor Advisory Committee meeting to challenge retail investor protections for private markets and passive index fund voting.
Atkins told the Investor Advisory Committee that expanding retail access to private markets and concentration of voting power in passive funds are its key focus.
SEC Commissioner Hester Peirce spoke at Princeton, arguing that blockchain infrastructure, open-source code, and non-custodial tools shouldn’t be regulated.
The SEC cleared Nasdaq to list shares of the BlackRock iShares Bitcoin Premium Income ETF, an actively managed product that writes call options on IBIT.
Paxos Securities Settlement Company has received a temporary registration as a clearing agency, a step toward regulated blockchain-based securities settlement.
Cboe has gotten SEC approval to begin pre- and post-market sessions for about 20 liquid single-stock options on July 13, covering mega-cap stocks like Nvidia.
The SEC alleges fintech RYVYL falsely claimed proprietary blockchain payment technology in public filings while operating as a conventional card and ACH processing reseller for high-risk merchants.
The two agencies issued a joint interpretation on Tuesday defining five categories of crypto assets and addressing when tokens can enter and exit investment contract treatment, covering airdrops, staking, mining and wrapping.
The US regulator filed a joint stipulation on Thursday to end its enforcement action over the BitClout token sale, barring itself from refiling the same claims. The SEC said the move reflects only the facts of this specific case.
Brian Daly used a London conference appearance on Tuesday to confirm the SEC has a mandate to explore retail access to private markets, signaling the agency remains in information-gathering mode days after its own roundtable on the topic.
The SEC has settled for a single $10 million corporate penalty on Rainberry for wash trading in TRX.
Chairman Paul Atkins names retired EY partner Jim Logothetis to lead the PCAOB, signalling a shift toward leaner oversight and reduced board compensation.
Three SEC divisions issue joint guidance clarifying how federal securities laws apply to blockchain-based representations of stocks, bonds and other traditional assets.
