A broker, who managed accounts for two customers who were employed by another brokerage firm, settled FINRA charges for negligent misrepresentations made in attestation letters concerning the nature of the accounts.

The FDIC issued updated guidance to supervised institutions regarding the use of pre-populated customer information to satisfy obligations under the Customer Identification Program.

The CFTC launched a "crypto sprint" to implement the recommendations of the President's Working Group on Digital Asset Markets. (See previous coverage.)

FinCEN warned financial institutions that criminals are increasingly exploiting convertible virtual currency kiosks—crypto ATMs that exchange fiat and digital currencies—for scams and money laundering.

The CFTC requested comment on the potential listing of spot crypto asset contracts on CFTC-registered designated contract markets ("DCMs").