United States

PEPs & Sanctions

Meta Blocks Russian State Media on Facebook, Instagram

By Editors | 18/09/2024

Meta’s decision came just days after OFAC imposed sanctions on RT’s parent companies Rossiya Segodnya and TV-Novosti.

Fraud, Scams & Cybercrime

FTX Founder Files Appeal Against Fraud Conviction

By Thisanka Siripala | 18/09/2024

Sam Bankman-Fried’s lawyers argue that the judge in the case undermined the defence and blocked evidence from being shown in court.

Reporting & Disclosures

US SEC Has Disbanded Enforcement Division’s ESG Task Force

By Nithya Subramanian | 18/09/2024

The SEC shut down the task force following increasing anti-ESG backlash from companies, investors, state officials and courts.

Cryptocurrency

Switzerland’s SIX Explores Launching Crypto Exchange

By Thisanka Siripala | 18/09/2024

The platform is expected to cater to the growing institutional interest in the crypto space, rather than retail investors.

PEPs & Sanctions

OFAC Sanctions More Members of Intellexa Spyware Consortium

By Editors | 18/09/2024

The sanctions target five individuals and an entity for their roles in developing, operating, and distributing commercial spyware technology marketed under the “Predator” brand.

Supervision & Enforcement

US SEC Fines 12 Municipal Advisors for Record Keeping Violations

By Editors | 18/09/2024

The 12 firms agreed to pay combined penalties of more than $1.3mn for failures to preserve records of business communications using unofficial channels.

Structural Regulation

Eurex Allows US Introducing Brokers to Become Direct Members

By Nithya Subramanian | 18/09/2024

The change will enable US market participants to execute trades on Eurex markets via domestic introducing brokers throughout the US trading day.

PEPs & Sanctions

US Sanctions Georgian Officials Over Human Rights Abuses

By Editors | 17/09/2024

OFAC sanctioned four individuals while the State Department announced visa restrictions on more than 60 others and their family members.

Clearing & Post-Trade

US Move to T+1 Settlement Cycle Declared a Success

By Thisanka Siripala | 17/09/2024

Despite earlier fears, SIFMA, ICI and DTCC said there was no increase in failed trades, operational glitches or FX settlement issues following the transition.