The SEC proposed amendments to its broker-dealer and security-based swap dealer electronic recordkeeping requirements, most significantly to do away with the requirement that records be kept in a non-rewriteable, non-erasable format.
SEC Commissioner Elad L. Roisman reviewed the existing SEC regulatory frameworks for the handling of retail orders - including payment for order flow, best execution, execution quality measurements and public price discovery -
The Office of New York Attorney General Letitia James directed two cryptocurrency lending platforms to cease operations within the next 10 days, and three other platforms to provide more information on their activities.
A broker-dealer settled FINRA charges for misapplying the Multi-Day Approach in calculations of the pre-fail credits and close-out obligations of five affiliated foreign broker-dealers.