An SEC final rule amending the definitions of "accredited investor" and "qualified institutional buyer" under regulations on private placement exemptions and private resales of securities was published in the Federal Register.

The Bank of Japan reported that it will begin to "explore general purpose Central Bank Digital Currency in a more concrete and practical way by conducting experiments, rather than confining itself to conceptual research as before."

The SEC proposed to establish a new limited and conditional exemption from the broker registration requirements for natural persons engaging in certain limited capital-raising activities on behalf of issuers seeking to raise funds from accredited investors.

A national bank settled charges for failing to properly oversee the decommissioning of two data centers involved with the bank's wealth management business.

The SEC adopted a new rule and related amendments in order to simplify and update the framework for fund of funds arrangements.