Japan’s Financial Services Agency (FSA) will be taking administrative action against several registered cryptocurrency exchange operators in the country.
If you are attempting to fund a project—whether it be opening a new manufacturing plant or creating an application on a distributed network—by inviting others to invest in the enterprise based on the expectation that they will profit from other people’s efforts, the same laws and standards apply: register the securities offering or use an exemption from registration.
In a letter to the Securities and Exchange Commission, Cboe, along with the Securities Industry and Financial Markets Association and the Security Traders Association, warned of "unintended consequences" impacting the options market resulting from changes in equity market regulations, including Regulation National Market System in 2005.
There is a fine line between protecting the financial system and punishing it. Financial regulations which are more punitive do not necessarily offer more protection. Other jurisdictions may pursue a punitive approach if they believe it is best for their markets. However in my capacity as Commissioner, I will not be persuaded to follow their course purely for the sake of harmonization.
FIA PTG executive committee member Matt Haraburda will once again chair the #innovatorspavilion at #FIAexpo. Learn more here: https://t.co/qWnYnIEJpQ
Take, for example, the EU’s proposed changes to the supervision of third-country CCPS [which]...reduce risk in the marketplace. Under the European Commission’s proposal, a U.S. CCP, already subject to U.S. rules and oversight, would also be subject to strict EU rules and oversight. Some might even have to relocate parts of their business to the EU.
Internal judges at the Securities and Exchange Commission have been improperly appointed, the Supreme Court ruled on Thursday in a decision that creates uncertainty about the use of such judges across the federal government.
The two largest commodities exchanges in the United States are now exploring ethereum, with a possible future for the cryptocurrency futures.
“I enjoyed this great conversation with @JoAnnBarefoot on a wide range of topics, including #LabCFTC, the benefits of technology testing authority, and fostering market-enhancing #fintech and #regtech
A regulatory push for banks to set aside more capital against their trading operations has constrained their ability to support two-way prices across markets.