SEC Commissioner Hester M. Peirce criticized ESG mandates for distorting capital flows, obscuring material information and rewarding "lobbying prowess."

A firm settled FINRA charges for failing to timely process over 1,200 customer account transfer requests.

Newly sworn-in Federal Reserve Board Vice Chair for Supervision Michelle W. Bowman laid out her "pragmatic" agenda to improve bank supervision and regulation.

In separate remarks before the SEC Investor Advisory Committee, SEC Chair Paul Atkins and Commissioner Hester Peirce offered divergent views on proxy voting, non-GAAP disclosures and arbitration.

At an SEC Conference on Emerging Trends in Asset Management, Commissioner Hester M. Peirce focused on expanding retail investor access to private markets and crypto assets; SEC Investment Management Division Director Natasha Vij Greiner cited the importance of the SEC's exemptive authority for enabling innovation.