The Senate voted to remove a 2025 budget reconciliation bill provision that would have imposed a moratorium on enforcing state-level artificial intelligence laws or regulations.
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Director of the SEC Office of Municipal Securities Dave A. Sanchez urged municipalities to use up-to-date information in their securities disclosures and cautioned that outdated terminology and stale reporting practices could undermine investor confidence.
FinCEN designated three Mexican banks as financial institutions of "primary money laundering concern" for facilitating transactions tied to the trafficking of synthetic opioids, including fentanyl.
FINRA suspended a broker for failing to properly supervise two traders who mismarked positions.
FINRA suspended a broker for signing insurance-related documents on behalf of customers without authorization.