House Financial Services Committee Chair Patrick McHenry (R-NC) and a bipartisan group of legislators asked banking regulators to clarify "through guidance and other actions" that an SEC Staff Accounting Bulletin, which describes how a custodian must account for digital assets, is not enforceable.
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In a 2022-2026 Strategic Plan, CFTC Chair Rostin Behnam highlighted "emerging trends transforming global derivatives markets" including "digital asset commodities, decentralized finance, and Environmental, Social, and Governance Investing."
In testimony before the U.S. Senate Banking Committee, SEC Chair Gary Gensler weighed in on market structure, predictive data analytics, issuers and issuer disclosure, and funds and investment management.
SEC Chair Gary Gensler solicited nominations for all five of the seats on the Public Company Accounting Oversight Board.
The SEC removed William D. Duhnke III from the Public Company Accounting Oversight Board, and directed the Office of the Chief Accountant to solicit applications for candidates to all five of the Board positions.