A firm settled FINRA charges for violations of content standards in private offerings sold by the firm and sent to potential investors.

The DOL named five new members and two officers to the 2021 Advisory Council on Employee Welfare and Pension Benefit Plans.

President Joe Biden nominated Gary Gensler as Chair of the SEC.

The Federal Reserve Board adopted amendments that conform the capital planning, regulatory reporting and stress capital buffer requirements for "Category IV" firms to the requirements under the FRB's October 2019 prudential standards framework.

The OCC, Federal Reserve Board, FDIC, National Credit Union Administration and CFPB adopted a rule codifying a 2018 Interagency Statement Clarifying the Role of Supervisory Guidance.