FinCEN issued an advance notice of proposed rulemaking "on the possibility of FinCEN establishing a "no-action letter process" under the Anti-Money Laundering Act of 2020.
The U.S. District Court for the Southern District of New York dismissed allegations that ten of the world's largest banks engaged in two interrelated antitrust conspiracies in the U.S. Treasury securities market.
The Federal Reserve Board proposed expanding the number of financial institutions that fall under the "netting" provisions of the Federal Deposit Insurance Corporation Improvement Act of 1991.
A broker-dealer agreed to settle SEC charges for improperly handling "pre-released" American Depositary Receipts.
The Office of the Comptroller of the Currency and the FDIC issued a final rule that will shorten the standard settlement cycle for securities transactions from T+3 to T+2.