The Fixed Income Clearing Corporation, a subsidiary of the Depository Trust and Clearing Corporation, launched an "enhanced Agent Clearing Service," and new "[clearing] and margin segregation capabilities," ahead of the SEC's March 31, 2025, deadline for mandatory clearing of covered U.S. Treasury cash activity and repo activity.

FINRA proposed amendments to FINRA Rules on the purchase and sale of initial public offerings and new issue allocations and distributions. The amendments would exempt certain business development companies from rule restrictions on buying IPOs.

At a House Financial Services Committee hearing, witnesses testified on the need to diversify and broaden access to capital for startups in regions outside traditional financial hubs.

In a letter to SEC Chair-Designate Paul Atkins, Ranking Member of the Banking Committee Elizabeth Warren questioned his "judgement and [] ability to serve as an effective SEC Chair if [] confirmed."

In a letter to the House Subcommittee on Oversight and Investigations, FDIC Acting Chair Travis Hill said that the agency will no longer use "reputational risk" as a basis for supervisory criticisms, calling the concept unnecessary and prone to abuse.