SEC Commissioner Hester M. Peirce challenged the basis of a recent SEC enforcement action against an initial coin offering issuer for unregistered digital token offerings and criticized the agency for failing to provide guidance on the dividing line between tokens that are securities and those that are not.

NFA extended temporary relief from July 23, 2020 to September 30, 2020 for applicants and registrants from CFTC fingerprint requirements.

The UK Financial Conduct Authority and European authorities confirmed that prior understandings reached regarding cooperation and information exchange will go into effect on December 31, 2020.

FINRA amended the Codes of Arbitration Procedure for Customer and Industry Disputes to apply minimum fees to all requests for expungement of customer dispute information.

A broker-dealer settled SEC charges for violating retail order period restrictions in connection with the offering of municipal bonds.