Share on LinkedInShare on LinkedIn

ARTICLE · 04 AUGUST 2026

The Desk: August Edition

Moore & Van Allen, PLLC
Moore & Van Allen, PLLC
Contributor
Moore & Van Allen, PLLC

Moore & Van Allen, PLLC

At Moore & Van Allen, representation extends beyond traditional legal services. We represent ideas,...

View firm profile
Explore more from Moore & Van Allen, PLLC

This comprehensive regulatory update examines recent CFTC enforcement actions, new margin rules for uncleared swaps, and the evolving landscape of perpetual futures contracts and prediction markets. The analysis covers critical developments including commodity pool fraud cases, exchange disciplinary actions, and emerging compliance challenges as 24/7 trading expands across traditional and digital asset markets.

United StatesFinance and Banking
Barrett Morris
Barrett Morris
Nader Raja
Nader Raja
Tiffany Payne
Tiffany Payne
Drew P. Newman
Drew P. Newman
Stuart B. Armstrong
Stuart B. Armstrong

There are roughly thirty more days until football season kicks off (Roll Tide!). This year I (all of us!) get to watch football and be thinking about price discovery at the same time. Meanwhile, the NCAA recently submitted testimony to the House Agriculture Committee that greater oversight of prediction markets is needed.

In this month’s edition we look back at recent CFTC enforcement action right here in North Carolina, ICE Futures’ disciplinary actions, the Clarity Act, commodity perpetual contracts, new margin rules, event contract updates, and the death of large trader reporting.

You can listen to us discuss these matters on the podcast at Apple Podcasts or Spotify. Enjoy.

Enforcement Round-Up

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

SEC Advances “Responsible Retailization” Through A Potential Accredited Investor Exam And Potential Regulated Fund Reforms

On September 30, 2026, the Securities and Exchange Commission (SEC) issued two rule proposals and five notices aimed at expanding investors’ access to private markets. The package would add ways to qualify as an accredited investor, including passing a new exam administered by the Financial Industry Regulatory Authority (FINRA), broaden performance-based compensation and modernize regulated funds, including interval funds and business development companies (BDCs).
United StatesFinance and Banking
Proskauer Rose LLP
Proskauer Rose LLP
Article

New NYSE Delisting Rules: What Microcap Companies Need To Know About The $0.25 Minimum Trading Price

The SEC has approved new NYSE and NYSE American listing rules establishing a $0.25 minimum trading price, effective July 1, 2027. A single closing price below this threshold triggers immediate trading suspension and delisting proceedings with no cure period. Companies trading at low share prices must act now during the transition period to implement reverse stock splits and establish monitoring procedures before this hard floor takes effect.
United StatesFinance and Banking
Bevilacqua
Bevilacqua
Article

SEC And CFTC Open Door To Tokenized Markets After Clarity Fails To Advance

The SEC and CFTC have issued coordinated regulatory relief measures that significantly advance crypto-based trading infrastructure in US markets, bypassing Congressional gridlock on the CLARITY Act. These orders establish new frameworks for tokenized securities venues and passive software providers, potentially reshaping how digital assets are traded and accessed in regulated markets.
United StatesFinance and Banking
K&L Gates
K&L Gates
Article

The SEC’s Proposed “Regulation Crypto Assets” Provides A New Framework For Regulatory Clarity

The U.S. Securities and Exchange Commission has proposed Regulation Crypto Assets, introducing two new exemptions from registration requirements and a safe harbor provision for investment contracts involving crypto assets. How will these tailored frameworks—the Startup Exemption for offerings up to $5M and the Fundraising Exemption for larger capital raises—reshape the regulatory landscape for digital asset issuers while preserving investor protections?
United StatesFinance and Banking
Winston Taylor
Winston Taylor
Article

HRSA Announces Updated 340B Rebate Model Pilot Program, Limited To Drugs Subject To A Maximum Fair Price (MFP) For 2026 And 2027

The Health Resources and Services Administration has announced a revised 340B Rebate Model Pilot Program for drugs subject to Medicare's Maximum Fair Price, expanding eligibility to manufacturers with selected drugs for 2026 and 2027. The program introduces new data requirements, dispute resolution mechanisms, and stricter compliance monitoring while addressing stakeholder concerns about administrative burden and program integrity.
United StatesFinance and Banking
Hogan Lovells Cadwalader
Hogan Lovells Cadwalader
Article

The Financing Problem Behind the AI Infrastructure Boom: What Lenders and Sponsors Need to Watch

As AI infrastructure spending surges toward $697 billion in 2026, hyperscalers and compute providers are increasingly turning to debt, structured financing, and GPU-backed collateral to fund expansion. While demand projections remain bullish, a critical timing gap is emerging between capital deployment and cash flow generation, creating significant risks for lenders, sponsors, and operators across the ecosystem.
United StatesFinance and Banking
Riveron
Riveron
Article

SEC Issues “Innovation Exemption” To Facilitate Trading Of Tokenized NMS Stock

The SEC has issued a groundbreaking Innovation Exemption allowing tokenized securities venues to facilitate trading of tokenized NMS stocks using automated market makers and liquidity pools. This temporary five-year exemption from exchange and dealer registration requirements establishes conditions for permissioned blockchain-based trading while granting public companies a 30-day window to object to third-party tokenization of their securities.
United StatesFinance and Banking
A&O Shearman
A&O Shearman
Article

The Desk: July Edition

The CFTC continues its regulatory evolution with significant developments in June 2026, including the rescission of its longstanding no-deny settlement policy, proposed amendments to whistleblower protections, and joint harmonization efforts with the SEC on data reporting and portfolio margining. The agency also advances its oversight of prediction markets while CME Group challenges the CFTC's characterization of cryptocurrency perpetual futures contracts.
United StatesFinance and Banking
Moore & Van Allen, PLLC
Moore & Van Allen, PLLC
Article

Capital Recalibration: Overview Of The 2026 Basel III, Revised Standardized Approach, And GSIB Surcharge Proposals

In March 2026, U.S. banking regulators released a comprehensive set of proposals to recalibrate capital requirements for banking organizations of all sizes, marking a significant shift from their 2023 approach. These proposals aim to enhance risk sensitivity, reduce complexity, and produce more moderate capital impacts while improving the competitive position of U.S. banks relative to their international peers. The proposals include implementing final Basel III standards for the largest banks, revising the
United StatesFinance and Banking
Moore & Van Allen, PLLC
Moore & Van Allen, PLLC
Article

Client Alert: USCIS Reaches Fiscal Year 2027 H-1B Cap

U.S. Citizenship and Immigration Services has announced that it has received sufficient H-1B petitions to meet both the 65,000 regular cap and the 20,000 master's cap for fiscal year 2027, confirming no additional selection rounds will be conducted. Employers and employees whose registrations were not selected should review current immigration status and explore alternative work authorization options before expiration dates approach.
United StatesImmigration
Moore & Van Allen, PLLC
Moore & Van Allen, PLLC
Article

Recent Developments In U.S. Immigration Policy

The U.S. Department of Homeland Security has proposed a dramatic new fee structure that would add over $100,000 to the cost of filing certain H-1B visa petitions. This proposed rule could fundamentally reshape employer-sponsored immigration by generating an estimated $8.8 billion annually while significantly increasing the financial burden on companies seeking to hire foreign workers under the H-1B cap. Employers and stakeholders have until September 24, 2026...
United StatesImmigration
Moore & Van Allen, PLLC
Moore & Van Allen, PLLC
Article

The Desk: October Edition Newsletters

The October edition of The Desk covers critical developments in derivatives regulation, including the approaching Treasury clearing compliance deadline, CFTC enforcement actions totaling over $150 million in penalties, and new guidance on tokenized assets and prediction markets. The newsletter examines how regulatory agencies are adapting to digital innovation while maintaining market integrity through enhanced whistleblower programs and stricter oversight of commodity pool operators.
United StatesFinance and Banking
Moore & Van Allen, PLLC
Moore & Van Allen, PLLC