FINRA sanctioned a wholesaler of investment company securities for providing improper gifts and entertainment.

Senate Banking Committee members Bill Hagerty (R) and Angela Alsobrooks (D) introduced bipartisan legislation to expand federal deposit insurance coverage for noninterest-bearing transaction accounts.

The Bank for International Settlements recommended that central banks urgently upgrade their capabilities to act as both informed observers and sophisticated users of AI.

IOSCO found no evidence of causation between the movements in single-name credit default swap ("CDS") prices and the drop in bank shares during the March 2023 banking sector turmoil. IOSCO said the activity in the CDS market was a reaction to, not a driver of, the market stress.

In a new report, the Group of Thirty, an international body of financiers and academics, analyzed the potential benefits and the risks associated with new digitized forms of money—including cryptocurrencies, stablecoins, and central bank digital currencies.