The U.S. District Court for the Southern District of New York issued an injunction against a digital coin distributor for an unregistered offering of securities.

The SEC adopted a temporary final rule to provide certain relief relating to Form ID Notarizations, Regulation A and Regulation Crowdfunding requirements, and Form MA filings.

FINRA recommended measures to strengthen cybersecurity controls to address increased vulnerability to attacks during the COVID-19 pandemic.

NFA provided regulatory relief to independent introducing brokers by extending the deadlines for filing financial reports. The relief was extended to address compliance issues caused by COVID-19.

Industry associations urged the Basel Committee on Bank Supervision and IOSCO to publicly recommend an extension of the implementation deadlines for the Phase 5 and Phase 6 initial margin requirements for uncleared derivatives.