The SEC’s Division of Trading and Markets issued a series of frequently asked questions (FAQs) regarding the amendments to the clearing rules for US Treasury securities and related amendments to the broker-dealer... Read more »
The US Department of the Treasury issued a release stating that it will not enforce the Corporate Transparency Act (CTA) against US citizens or domestic reporting companies, and will issue a proposed... Read more »
The SEC extended the compliance dates and issued an order granting temporary exemptive relief for its amended clearing rules for US Treasury securities. Source link Read more »
The Trump administration has designated Secretary of the Treasury, Scott Bessent, as Acting Director of the Consumer Financial Protection Bureau (CFPB). Source link Read more »
The SEC approved amendments to Fixed Income Clearing Corporation (FICC) rules regarding access models and segregated accounts and margin, as well as related amendments to the risk management framework of FICC and... Read more »
The US Court of Appeals for the Fifth Circuit reversed and remanded the ruling of the US District Court for the Western District of Texas, in Van Loon v. Dept. of the... Read more »
The US Treasury issued remarks on modernizing the regulatory framework for domestic payments. Source link Read more »
On Wednesday, March 6, 2024, the Department of Commerce, Department of the Treasury and Department of Justice issued another Tri-seal Compliance Note, focusing this time on the obligations of foreign based persons complying... Read more »
The SECURE 2.0 Act of 2022 had many retirement plan provisions, including the pension-linked emergency savings account (PLESA) that lets workers contribute money to an account in a defined contribution plan that... Read more »
The US Department of Treasury imposed sanctions Thursday on a Sudanese financial institution and two companies accused of funding belligerents in the ongoing civil war in the northeast African country. The sanctions... Read more »