Regulators can’t dodge DOGE, but can they still get by?

The Waters Wrap: With Trump and DOGE nipping at regulators’ heels, what might become of the CAT, the FDTA, or vendor-operated SEFs?

The Department of Government Efficiency—some might say those words are oxymoronic—says it is eliminating government waste and saving US taxpayers money. The Elon Musk-led outfit estimates it has saved $160 billion so far, an average of $993.79 per taxpayer. However, DOGE’s goalposts have repeatedly moved, and news outlets have reported it’s overstating its progress.

While these numbers are largely intangible, the workforce reductions that purport to underscore them are not. More than 600 staffers

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The European T+1 effect on Asia

T+1 is coming in Europe, and Asian firms should assess impacts and begin preparations now, says the DTCC’s Val Wotton.

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