Leadership Transitions at the US SEC: A Realignment Following Presidential Change

by Theresa Joy Lacatan | Jan 22, 2025 | Blog News, Crypto News

The United States Securities and Exchange Commission (US SEC) has announced a series of leadership changes, coinciding with the transition to President Donald J. Trump’s administration. These include the departures of senior officials and the appointment of an Acting...

Hong Kong’s SFC Publishes Circular for Virtual Asset Platform Regulations with Stricter Conduct Standards

by Theresa Joy Lacatan | Jan 21, 2025 | Blog News, Crypto News

On 16 January 2025, the Hong Kong Securities and Futures Commission (HK SFC) published “Circular to Licensed Corporations, SFC-licensed Virtual Asset Service Providers and Associated Entities” for Hong Kong based Virtual Asset Trading Platforms (VATPs) detailing...

Caroline D. Pham Appointed Acting Chairman of US CFTC

by Theresa Joy Lacatan | Jan 21, 2025 | Blog News, Crypto News

On 20 January 2025, the United States Commodity Futures Trading Commission (US CFTC) has unanimously appointed Commissioner Caroline D. Pham as Acting Chairman, effective immediately. She succeeds Rostin Behnam, who served as Chairman since January 2022 and will...

US SEC Sanctions LPL Financial with $18 Million Fine for AML Violations

by Theresa Joy Lacatan | Jan 21, 2025 | Blog News, Crypto News

On 17 January 2025, the United States Securities and Exchange Commission (US SEC) published an order instituting administrative and cease-and-desist proceedings, pursuant to Sections 15(b) and 21c of the United States Securities Exchange Act of 1934 and Section 203(e)...

US SEC Announces Departure of International Affairs Director YJ Fischer

by Theresa Joy Lacatan | Jan 20, 2025 | Blog News, Crypto News

On 16 January 2025, the United States Securities and Exchange Commission (US SEC) announced the departure of YJ Fischer, Director of the Office of International Affairs (OIA). YJ Fischer, who has led the OIA since August 2021, will leave her position on 20 January...

US SEC Charges Two Sigma with Failing to Address Model Vulnerabilities, Imposes $90 Million Penalty

by Theresa Joy Lacatan | Jan 20, 2025 | Blog News, Crypto News

On 16 January 2025, the United States Securities and Exchange Commission (US SEC) announced order instituting administrative and cease-and-desist proceedings, pursuant to section 21c of the United States Securities Exchange Act of 1934 and sections 203(e) and 203(k)...