U.S. Treasury building graphic for SEC and CFTC cross-margining approval story

SEC and CFTC Approve Customer Cross-Margining Expansion in U.S. Treasury Market

WASHINGTON, April 15, 2026 — The U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission approved coordinated exemptive relief to expand customer cross-margining in the U.S. Treasury market, allowing certain eligible intermediaries to offer customer cross-margining with margin offsets across cleared cash Treasury positions and Treasury futures.

SEC headquarters building in Washington, D.C.

SEC Staff Outlines Conditions for Certain Crypto Securities Interfaces to Avoid Broker-Dealer Registration

WASHINGTON, April 13, 2026 — The staff of the U.S. Securities and Exchange Commission’s Division of Trading and Markets said certain providers of user interfaces used to prepare transactions in crypto asset securities could create, offer, or operate those interfaces without registering as broker-dealers, provided they satisfy a detailed set of conditions.

SEC Headquarters, Washington, D.C.

U.S. Crypto Regulation Enters Implementation Phase After SEC, CFTC Guidance

Recent U.S. crypto guidance reframes the regulatory conversation away from classification and toward application. Over the past week, the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission have issued materials that stop short of a comprehensive market-structure framework, yet provide increasingly specific direction on how existing law and supervisory practice attach to digital-asset activity.

SEC Headquarters, Washington, D.C.

SEC Chair Says Crypto Guidance Is “Beginning, Not an End”

WASHINGTON, March 19 — U.S. Securities and Exchange Commission Chairman Paul S. Atkins said Thursday in prepared remarks that the agency’s newly issued crypto-asset interpretation represents “a beginning, not an end.” Speaking at the SEC Speaks conference in Washington, Atkins outlined a regulatory framework centered on advancing, clarifying and transforming existing rules, including the Commission’s approach to digital assets. “At the core of our efforts,” Atkins said, “every rule that we propose, every interpretation that we release, and every institutional reform that we undertake” will align with a three-part strategy focused on updating rules, clarifying regulatory scope and reducing unnecessary burdens.