
Almost Two Dozen Firms Pursue Settlement Agreements with CFTC to Resolve Enforcement Actions
In a notable development within the financial sector, nearly 24 firms are actively seeking agreements with the Commodity Futures Trading Commission (CFTC) to resolve various enforcement actions. This move marks a significant moment for these companies, as they aim to settle ongoing investigations related to compliance lapses and other regulatory concerns that have captured the attention of the CFTC in recent months.
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EU Moves to Extend Exemption for London Clearing House Until 2028
In a significant development for the financial sector, the European Union has proposed extending the exemption for the London Clearing House (LCH) until 2028. This decision comes amid ongoing discussions on the regulatory framework surrounding post-Brexit financial services in Europe and seeks to maintain stability within the global derivatives market.
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