Events listed in United States
Iran-related Designations; Non-Proliferation Designations
ID 26383
The Office of Foreign Assets Control (OFAC) has published a press release to inform about new sanction measures. Specifically, the Office added four individuals and ten entities to its Specially Designated Nationals and Blocked Persons List (SDN List) pursuant to existing sanction regulations 31 CFR Part 544, 31 CFR Part 561, and Executive Order 13382 for being involved in the facilitation or support of ...
Regulation Q; Regulatory Capital Rules: Risk-Based Capital Surcharges for Global ...
ID 26346
On December 18, 2023, the Board of Governors of the Federal Reserve System (FED) published in the Federal Register a notice to inform of the 2023 aggregate global indicator amounts (AGIA) which the FED takes over from the Basel Committee on Banking Supervision (BCBS). The amounts were converted to $US with the spot exchange rate of December 31, 2022 as published by the BCBS. ...
CFTC Approves Two Proposals and a DCO Application
ID 26341
On December 18, 2023, the Commodity Futures Trading Commission (CFTC) published a press statement to inform of three (legislative) outcomes of its last open hearing on December 13, 2023. Specifically, the CFTC informs that it has 1. approved proposed rule amendments to Statutory Instruments 17 CFR Part 1 and 17 CFR Part 23 to create an operational resilience framework for futures commission merchants (FCMs), ...
CFTC Divisions Issue Staff Advisory on Affiliations Among CFTC-Regulated Entities
ID 26339
Following the launch of a request for comment (RFC) to gather insights into and inform possible future regulation as regards potential issues arising from affiliations between CFTC-registered entities and market participants by the staff of the divisions of Market Oversight, Clearing and Risk, and Market Participants of the CFTC in June 2023 (EventID 21982), the divisions have now published a Staff advisory (23-16) in ...
Adoption of Updated EDGAR Filer Manual
ID 26335
The U.S. Securities and Exchange Commission (SEC) has finalized revisions to the EDGAR (Electronic Data Gathering, Analysis, and Retrieval system) filer manual. The amendments are thereby approved and effective immediately, and are incorporated into Statutory Instrument 17 CFR Part 232 by reference. The revisions follow latest regulatory changes and corresponding modifications to the EDGAR system, which is used by individuals and entities to electronically ...
SR 23-10
ID 26325
The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (FED), and the Federal Deposit Insurance Corporation (FDIC) issued a revised interagency statement titled Extension of the Revised Statement Regarding Status of Certain Investment Funds and their Portfolio Investments for Purposes of Regulation O and Reporting Requirements under Part 363 of FDIC Regulations (SR23-10). The statement ...
CFTC Seeks Public Comment on Proposed Rule to Amend Capital and Financial Reporting ...
ID 26324
The Commodity Futures Trading Commission (CFTC) has published a press release to inform of the launch of a consultation as regards revisions to the financial reporting obligations of Swap Dealers (SDs) and Major Swap Participants (MSPs). The Commission thereby primarily seeks to ease financial reporting burdens on SDs and MSPs and clarify existing obligations following the implementation of these requirements in 2020 and subsequent ...
SEC Issues Staff Report on Accredited Investor Definition
ID 26322
The U.S. Securities and Exchange Commission (SEC) has issued a press release to inform that it recently conducted a review of the „Accredited Investor“ definition as mandated by the Dodd-Frank Act. The review is typically conducted every four years and aims to ensure appropriate investor protection in the private securities marketplace (Regulation D securities market) where securities are exempt from registration and thus exempt ...
CFTC Approves Proposed Amendments to Regulations Regarding Real-Time Public ...
ID 26315
On December 15, 2023, the Commodity Futures Trading Commission (CFTC) published a press statement to inform that it has approved proposed rule amendments under Statutory Instruments 17 CFR Part 43 and 17 CFR Part 45 aimed at enhancing real-time public reporting and swap data recordkeeping and reporting. The proposed measures – designed to align with international data standards to ensure accurate, complete, and high-quality ...
Report From FINRA Board of Governors Meeting – December 2023
ID 26307
The Financial Industry Regulatory Authority (FINRA) has published a news release to briefly inform of the results of its latest Board of Governors meeting. While most information appears to be rather non-relevant, there are two decisions of the Board we would like to make aware of simply to stay up-to-date. Specifically, the Board will submit to the Securities and Exchange Commission (SEC) for approval ...