US SEC Bars Richard Brown for Securities Fraud and Undisclosed Kickbacks

by Theresa Joy Lacatan | Dec 27, 2024 | Blog News, Crypto News

On 23 December 2024, the United States Securities and Exchange Commission (US SEC) issued an order under Section 15(b) of the United States Securities Exchange Act of 1934, permanently barring Richard Brown from associating with any broker-dealer, investment adviser,...

Māris Kālis Appointed Acting Governor of Latvijas Banka Amid Leadership Transition

by Theresa Joy Lacatan | Dec 27, 2024 | Blog News, Crypto News

On 19 December 2024, the Saeima of Latvia appointed Māris Kālis as the Acting Governor of Latvijas Banka to ensure the seamless continuity of the central bank’s operations. This decision follows the Saeima’s failure to elect a new Governor, leaving Kālis,...

Sanjay Malhotra Appointed as 26th Governor of Reserve Bank of India

by Theresa Joy Lacatan | Dec 27, 2024 | Blog News, Crypto News

On 11 December 2024, Mr. Sanjay Malhotra was appointed as the Governor of Reserve Bank of India. Mr. Sanjay Malhotra, who has considerable administrative and financial experience, assumed charge as the 26th Governor for a three-year term. An Indian Administrative...

US CFTC Finalises Rule on Margin Adequacy and Separate Account Treatment for Futures Commission Merchants

by Theresa Joy Lacatan | Dec 27, 2024 | Blog News, Crypto News

On 20 December 2024, the United States Commodity Futures Trading Commission (US CFTC) published the Final Rule along with a fact sheet outlining requirements for futures commission merchants (FCMs) concerning margin adequacy and the treatment of separate accounts of...

US SEC Sanctions Tai Mo Shan for Misleading Investors and Unregistered Crypto Sales in Terra USD Stablecoins

by Theresa Joy Lacatan | Dec 27, 2024 | Blog News, Crypto News

On 20 December 2024, the United States Securities and Exchange Commission (US SEC) issued an order instituting cease-and-desist proceedings pursuant to Section 8A of the United States Securities Act of 1933, making findings, and imposing a cease-and-desist order...

UK FCA Publishes Consultation paper on Investment Disclosure Rules for Retail Investors

by Theresa Joy Lacatan | Dec 27, 2024 | Blog News, Crypto News

On 19 December 2024, the United Kingdom’s Financial Conduct Authority (UK FCA) announced an order instituting consultation for a new product information framework under CP24/30: A New Product Information Framework for Consumer Composite Investments (CCIs). The...