The DOL proposed a new class exemption for investment advice fiduciaries from certain prohibited transaction rules under ERISA and the Internal Revenue Code.

The Alternative Reference Rates Committee published recommendations on fallback language for new originations of U.S. dollar-denominated syndicated business loans that reference LIBOR.

FINRA highlighted recent "regulatory coordination efforts" on Consolidated Audit Trail compliance rules.

The Supreme Court denied a petition for a writ of certiorari in a case challenging the scope of the CFTC's anti-fraud authority.

The Senate Committee on Banking, Housing and Urban Affairs considered testimony on the development and testing of a U.S. central bank digital currency pilot program.