OFAC issues general licenses to respond to COVID-19 in Syria, Venezuela and Iran. Firm settles FINRA charges for supervisory failures on outside brokerage accounts.

State Attorneys General challenge SEC’s authority to mandate climate disclosures. CFPB reinterprets authority to conduct MLA-related examinations. Regulators offer training program to combat financial exploitation of seniors. SEC charges six individuals with insider trading. Broker and founder settle CFTC charges for misappropriating customer information. Firm settles FINRA charges for supervisory failures on quotations in OTC equities.

Company settles SEC charges for cybersecurity disclosure controls failures. House FinTech task force considers implications of CBDCs. SEC Commissioner urges greater ESG disclosure. FDIC seeks comment on proposed amendments to real estate lending standards. FDIC issues revised statement of policy on minority depository institutions. Firm settles FINRA charges for MSRB reporting violations involving SHORT system.

SEC identifies 2021 regulatory priorities. Financial Stability Oversight Council pushes for SOFR. House Judiciary Subcommittee proposes antitrust agenda for digital markets. NYDFS recommends SEC establish climate risk disclosure rules. ISDA issues consultation on fallbacks for LIBOR ICE swap rates. SEC appoints Director of Corporation Finance and General Counsel.

CFTC Agriculture Advisory Subcommittee adopts recommendations on oversight of futures contracts with open interest. SEC and CFTC alert investors to risks of Bitcoin futures. Cadwalader Clients & Friends Memo: DOJ casts the FCPA spotlight on Brazil-related enforcement.

CFTC Commissioner raises regulatory concerns over decentralized finance. SEC Commissioners offer recommendations on best execution and the insider trading rule. NYDFS study finds insurers’ assets are “meaningfully exposed” to climate risks. FINRA proposes amendments to rule on financial exploitation of specified adults. El Salvador adopts Bitcoin as legal tender, IMF raises concerns. Firm settles FINRA charges for best execution and supervisory failures.

Senate Subcommittee considers benefits of a central bank digital currency. President Biden expands prohibitions on persons contributing to the destabilization of the Western Balkans. CFTC Acting Chair Rostin Behnam emphasizes necessity of making LIBOR “obsolete.” SEC Chair highlights intersection of finance and technology in equity markets. SEC updates list of “Unregistered Soliciting Entities.” Firm settles FINRA charges for OBA disclosure failures. SEC Chair Gary Gensler appoints executive staff.

FINRA seeks comment on expansion of short interest reporting requirements. CFTC subcommittee’s recommendation paves way for term SOFR. SEC Chair Gary Gensler solicits nominations for PCAOB seats. Firm settles FINRA charges for OATS and OTCRF reporting failures. Cadwalader Financial Services Group attorneys recognized in Chambers USA 2021.

SEC removes PCAOB member, seeks candidates for all board positions. SEC Chair Gary Gensler directs staff to "freshen up" insider trading rule. SEC charges couple with insider trading.

CFTC Officials Debate Agency's role in transition to low-carbon economy. FRB simplifies interest rate formula for depository institutions. FRB Vice Chair Randal Quarles highlights efforts to promote efficiency. FINRA proposes amendments to continuing education requirements.