ADVERTISEMENT
United States
Cryptocurrency
US SEC Fines Former NBA Star Over Crypto Promotion
By Editors | 20/02/2023
Paul Pierce promoted crypto asset securities known as EMAX tokens on social media without disclosing that he was paid to do so.
Clearing & Post-Trade
US SEC, CFTC Penalise OCC Over Internal Rule Violation
By Editors | 19/02/2023
As a result of certain deficiencies, the Options Clearing Corp’s clearing fund was “underfunded” at various times between October 2019 and May 2021.
PEPs & Sanctions
US, UK Sanction Bulgarian Nationals for Corruption Offences
By Editors | 19/02/2023
The UK issued sanctions under its Global Anti-Corruption Sanctions Regime. The US sanctions were imposed under the Magnitsky Act.
PEPs & Sanctions
China Sanctions US Defence Firms Over Taiwan Weapons Sales
By Editors | 17/02/2023
Lockheed Martin and a unit of Raytheon Technologies were added to China’s “Unreliable Entity List”. The notice requires both to pay fines.
Fraud, Scams & Cybercrime
CFTC Charges California Firm for ‘Ponzi-like’ Crypto Fraud
By Editors | 17/02/2023
Vista Network Technologies and its CEO advertised to customers that it would trade their digital assets using “robot traders” which did not exist.
Market Data & Technology
CFTC to Require UPIs in Swaps Reporting Starting Jan 2024
By Editors | 17/02/2023
UPIs issued by the DSB will be required in reporting credit, equity, foreign exchange, and interest rate swaps from 24 Jan 2024.
Fraud, Scams & Cybercrime
US SEC Files Securities Fraud Charges Over Terra Collapse
By Editors | 17/02/2023
The Terraform ecosystem was ‘simply a fraud propped up by a so-called algorithmic stablecoin’, says Gurbir Grewal.
Cryptocurrency
CME to Launch Event Contracts on Bitcoin Futures
By Editors | 16/02/2023
The new event contracts will provide a highly transparent and less complex way for investors to access crypto markets, said Tim McCourt.
Clearing & Post-Trade
US SEC Sets May 2024 Target for Move to T+1 Settlement Cycle
By Editors | 16/02/2023
SEC commissioners Hester Peirce and Mark Uyeda say the 28 May 2024 effective date does not leave enough time for the market to transition.
Custody & Infrastructure
US SEC Proposes to Tighten Custody Rules Including for Crypto
By Editors | 15/02/2023
The proposed change is expected to make it more difficult for asset managers to invest in crypto assets on behalf of clients.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.