SEC Chair Jay Clayton advocated for the harmonization of the "Holding Foreign Companies Accountable Act" and the recommendations from the President's Working Group on Financial Markets Report.

In its 2020 Annual Report, the SEC Advocate for Small Business Capital Formation recommended policy solutions to address current issues impacting capital formation.

An SEC final rule on exemptions for mutual funds, exchange-traded funds, registered closed-end funds and business development companies when entering into derivatives transactions was published in the Federal Register.

FRB Chair Jerome H. Powell swore in Christopher J. Waller as a member of the Board of Governors of the Federal Reserve System.