A firm settled FINRA charges for inaccurately reporting over 16,000 municipal securities transactions in violation of MSRB trade reporting rules.

In a 49–48 vote, the Senate failed to pass a procedural motion to invoke cloture on the "Guiding and Establishing National Innovation for U.S. Stablecoins Act."

The OCC adopted an interim final rule restoring previously rescinded procedures for reviewing applications under the Bank Merger Act. The OCC also rescinded a related policy statement issued in 2024.

A firm offering self-directed trading through a mobile platform settled FINRA charges for failing to adequately supervise social media communications, and for compliance failures related to Form CRS delivery, risk management controls and market data display.

FINRA said it plans to develop standardized heightened supervision plans to address pre-2025 settlements for off-channel communications violations.