A "money services business" settled FinCEN charges for failing to register as such, failing to maintain an effective AML program and failing to file Suspicious Activity Reports.

The CFTC appointed Brian Young as Director of Enforcement, effective February 14, 2025. Mr. Young was serving as the agency's Acting Director since January 22, 2025.

A broker-dealer settled FINRA charges for publishing inaccurate data in required monthly reports on order execution quality.

An investment adviser settled SEC charges for unsuitable recommendations to clients and for failing to disclose the higher fees on conversions from brokerage accounts to advisory accounts.

In a new Staff Legal Bulletin, the SEC Division of Corporation Finance rescinded prior guidance, and made it easier for corporate issuers to exclude shareholder proposals under the "ordinary business" exception. The Division also provided a compliance and disclosure update on beneficial ownership reporting.