In a class action, a group of investors reached a proposed settlement with several major investment banks, resolving claims that the banks misled the public during a $3 billion stock offering of a multinational media and entertainment company.
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SIFMA recommended a series of reforms to improve fairness and efficiency in FINRA's arbitration forum.
Blockchain Association CEO Summer Mersinger urged the House of Representatives to swiftly pass the Guiding and Establishing National Innovation for U.S. Stablecoins Act ("GENIUS Act").
CFTC Commissioner Kristin N. Johnson called for stronger international cooperation to address risks from artificial intelligence and to strengthen cybersecurity in the financial system.
The banking agencies issued joint guidance for banking organizations considering or already offering safekeeping services for crypto assets.