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US Office Of The Comptroller Of The Currency Releases Bank Supervision Operating Plan For Fiscal Year 2025

Date 01/10/2024

The Office of the Comptroller of the Currency (OCC) today released its bank supervision operating plan for fiscal year (FY) 2025.

CFTC Commissioner Pham To Speak At Blockworks Permissionless III (Virtual)

Date 01/10/2024

CFTC Orders Taiwanese Firm To Pay $200,000 For Wash Sales

Date 01/10/2024

The Commodity Futures Trading Commission today issued an order filing and settling charges against Taishin Securities Co., Ltd., a Taiwanese financial services company, for engaging in wash sales and non-competitive transactions on the Chicago Mercantile Exchange.

CFTC Commissioner Pham To Speak At Northwind 2024 Disruptive Technologies Invitational Forum

Date 01/10/2024

ETFGI Reports There Were 62 New Product Launches And 7 Product Closures In The Global ETFs Industry During The Week Of Sept 23rd

Date 01/10/2024

 ETFGI, a prominent independent research and consultancy firm specializing in providing subscription research on trends in the global ETFs industry, reports there were 62 new product launches and 7 product closures in the global ETFs industry during the week of Sept 23rd, resulting in a net increase of 55 new products.

US Office Of The Comptroller Of The Currency Releases CRA Evaluations For 21 National Banks And Federal Savings Associations

Date 01/10/2024

The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of September 1, 2024, through September 30, 2024. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings. The possible ratings are outstanding, satisfactory, needs to improve, and substantial noncompliance.

Dissenting Statement Of CFTC Commissioner Caroline D. Pham On SEF Enforcement Actions

Date 01/10/2024

U.S. Commodity Futures Trading Commission (CFTC) Commissioner Caroline D. Pham issued the following dissenting statement on the CFTC’s recent enforcement actions regarding Tradition SEF LLC, GFI Swaps Exchange, LLC and BGC Derivative Markets, L.P.:

CFTC Orders Two Swap Execution Facilities To Pay $1.3 Million For Swap Data Reporting And Core Principle Violations

Date 01/10/2024

The Commodity Futures Trading Commission today announced two orders filing and simultaneously settling charges against two swap execution facilities (SEFs), BGC Derivative Markets, L.P. and GFI Swaps Exchange, LLC, for failing to properly report data related to thousands of swap transactions and violating SEF Core Principles, and against BGC SEF for also violating a prior CFTC order.    

CFTC Orders Tradition SEF LLC To Pay $875,000 For System Safeguards Violations And Failing To Provide Records Promptly During CFTC Examination

Date 01/10/2024

The Commodity Futures Trading Commission today announced an order filing and settling charges against Tradition SEF LLC (TSEF), a registered swap execution facility (SEF) based in New York. The order finds TSEF failed to establish and maintain adequate system safeguards and failed to promptly provide records to the Division of Market Oversight (DMO) during a routine systems safeguards examination. The order requires TSEF, among other things, to pay an $875,000 civil monetary penalty and remediate its system safeguards failures.

Bitcoin Friday Futures Become Most Successful CME Group Cryptocurrency Product Launch

Date 01/10/2024

CME Group, the world's leading derivatives marketplace, today announced that its Bitcoin Friday futures (BFF) have launched and are available for trading. 31,498 contracts traded across two different contract weeks. The first trade, a block, took place on Sunday, September 29 and was executed by Galaxy and Marex.