The companies, products and regulatory developments shaping the broker industry.
A reconstruction across US enforcement records shows how missing transaction data persisted after automation. It also reconciles the $125m penalty, including credits for three regulators and a conditional $15m remediation allowance.
FinCEN credited the SEC, FINRA and CFTC payments, while three official FX-wire counts describe overlapping legal perimeters rather than separate transaction pools.
Treasury issued a special measure against MEXC Global, but the bank-transfer prohibition takes effect 30 days after Federal Register publication rather than immediately on the announcement date.
The regulators withdrew a proposal to change the US funds-transfer Recordkeeping and Travel Rules, an important distinction from repealing the rules already in force.
Two withdrawals remove prospective transaction-reporting systems from the US rulemaking pipeline. Banks and crypto businesses still need to distinguish those abandoned proposals from the duties attached to their existing activities.