A broker-dealer settled FINRA charges for inaccurate classification of expenses that resulted in books and records violations.

CFTC-adopted amendments to rules requiring registration for non-U.S. derivatives clearing organizations were published in the Federal Register.

FinCEN assessed a $60 million dollar penalty against an operator of two convertible virtual currency exchangers, or "mixers," for violations of Bank Secrecy Act registration, program, and reporting requirements.

Federal Reserve Board Vice Chair for Supervision Randal Quarles described the vulnerabilities of nonbank financial intermediation, revealed by COVID-19 related shocks to the financial markets.