SEC Division of Trading and Markets Director Jamie Selway reported that the agency is examining potential modifications to the "trade-through" prohibitions and related market structure requirements. The Republican Commissioners all expressed skepticism as to the continued justification for the rule.

President Trump issued an Executive Order directing federal agencies to challenge state AI laws deemed inconsistent with national AI policy and to develop a legislative framework that would preempt conflicting state regulations.

The CFTC withdrew "outdated" interpretive guidance on "actual delivery" for retail commodity transactions involving virtual currencies.

The CFTC gave notice that it intends to survey futures commission merchants and introducing brokers on the direct costs of complying with Bank Secrecy Act and Anti-Money Laundering requirements.

SIFMA, the Investment Company Institute and a number of other financial trade associations expressed support for the "Financial Exploitation Prevention Act," a bipartisan bill to "provide critical tools to address suspected financial exploitation of [seniors]."