SEC AND CFTC SIGN HISTORIC AGREEMENT TO ALIGN US FINANCIAL REGULATION

The CFTC and SEC announced a new Memorandum of Understanding to coordinate oversight, reduce duplicative rules, and modernize regulation across US financial markets.

The agencies also launched a Joint Harmonization Initiative to align product definitions, streamline reporting, modernize clearing and margin rules, and develop a clearer regulatory framework for crypto and emerging technologies.

Regulators say the move aims to boost innovation, improve market oversight, and strengthen US competitiveness in global finance.