The Board of Governors of the Federal Reserve System found that large banks "have sufficient capital to absorb more than $550 billion in losses and continue lending to households and businesses under hypothetical stressful conditions."

The Blockchain Association urged the SEC to update its custody rules for investment advisers who handle crypto assets.

Witnesses before the Senate Banking Committee's Subcommittee on Digital Assets urged Congress to pass clear legislation to regulate the cryptocurrency market.

At an SEC Executive Compensation Roundtable, SEC Commissioners debated whether the agency's current disclosure rules provide investors with meaningful information or create unnecessary complexity and cost.

The CFTC Division of Market Oversight issued no-action relief to allow a designated contract market to temporarily offer trading in wheat options exclusively through block trades as it transitions to a new trading platform.