At an SEC roundtable on trade-through prohibitions, SEC Commissioners debated whether the "Order Protection Rule" continues to protect investors or instead burdens markets with costs and fragmentation.

The Investment Company Institute urged the SEC to provide clarity on its proxy reform plans ahead of the 2026 proxy season and to provide a durable framework that enhances efficiency, transparency, and informed voting while safeguarding advisers’ fiduciary duties.

In a policy statement, the SEC said the existence of mandatory arbitration clauses "will not impact determinations whether to accelerate the effective date of a registration statement."

The SEC approved an MSRB rule change restoring the 15-minute deadline for reporting municipal securities trades.

FINRA launched a Crypto and Blockchain Education Program to strengthen member firms’ knowledge of digital assets and related risks.