Financial regulations

U.S. regulators have asked Wall Street firms racing to launch solana exchange-traded funds to revise their paperwork.

The House of Representatives passed a resolution to repeal the regulations that created reporting requirements for digital asset brokers using decentralized finance systems.

The order called for agencies including the SEC and the FTC to submit draft regulations for White House review before publication.

The nominee for head of the Securities and Exchange Commission, Paul Atkins, will pursue a more deregulatory and crypto-friendly approach than Gary Gensler.

A FINRA study found nearly 400 firms, or 65% of the broker-dealers surveyed, have some hand in crypto assets and trading, as the once-novel asset class becomes normalized. But that still doesn't make it normal for regulators.

Meanwhile, several top executives at the regulator saw their pay rise in 2023 as compared to the previous year.

A divided Supreme Court threw out a decades-old legal doctrine that empowered federal regulators to interpret unclear laws.

The U.S. Fifth Circuit Court of Appeals in New Orleans sided with the private funds industry, which argued that the agency overstepped its authority.

The SEC's guidance is a part of a much broader movement as the U.S. strives to catch up with Europe.

The Securities and Exchange Commission has temporarily stayed its climate-related disclosure rule amid a rash of lawsuits.