The FINRA Board of Governors approved rule updates permitting member firms to establish electronic delivery as the default method for mandated investor communications.

The SEC requested comment on the Fixed Income Clearing Corporation and Chicago Mercantile Exchange Inc. application for exemptive relief to cross-margin customer Treasury securities and related futures.

A firm settled FINRA charges for failing to reasonably supervise outside business activities and for failing to monitor and preserve off-channel business related electronic communications.

SEC Director of the Division of Investment Management Brian Daly encouraged the investment management industry to collaborate on ways AI can modernize investor disclosures and improve regulatory processes.

A broker settled FINRA charges for mismarking order tickets, causing his firm to maintain inaccurate books and records.