The United States and the CFTC sued Wisconsin to block the enforcement of the state's gambling laws against five CFTC-regulated prediction market platforms.

House Financial Services Committee Vice Chair Bill Huizenga argued that capital requirements must be calibrated to actual risk and must not restrict lending to ordinary Americans.

The SEC instituted proceedings to determine whether to approve FINRA amendments on underwriting compensation valuations and private placement exemptions.

Senators Elizabeth Warren and Chris Van Hollen warned that a recent SEC interpretive release, which exempts from securities laws certain crypto transactions, strips away longstanding investor protections while delivering a windfall to the crypto industry and the Trump family.

SEC Chair Paul Atkins attributed the decline in initial public offerings of small/medium sized companies to decades of cumulative rulemaking that made the process of going public - and remaining public - more burdensome than beneficial.