US Regulators Forge Joint Path to Harmonize Rules and Spur Innovation

The SEC and CFTC have signed a Memorandum of Understanding to coordinate oversight, align regulatory definitions, and share data to reduce duplicative rules while supporting lawful financial innovation and protecting investors and market integrity. They launched the Joint Harmonization Initiative to coordinate policy, examinations, and enforcement across areas such as product definitions, clearing/margin frameworks, crypto assets, and cross-market reporting, with co-leads Robert Teply (SEC) and Meghan Tente (CFTC) and public input invited.