An investment adviser settled SEC charges for misrepresentations made to investors as to its anti-money laundering due diligence practices.

Three investment adviser representatives settled separate SEC charges for acting as unregistered brokers in selling membership interests in LLCs that invested in pre-IPO companies.

President Donald J. Trump named Commissioner Caroline D. Pham as Acting Chair of the CFTC and Commissioner Mark T. Uyeda as Acting Chair of the SEC.

In his final "Office Hours" video, SEC Chair Gary Gensler highlighted how the capital markets touch nearly every part of the economy, and the importance of common-sense rules to lower risk and build trust.

Chair Tim Scott identified legislative and oversight priorities for the Senate Banking Committee in the 119th Congress. Priorities include promoting financial inclusivity, increasing access to capital, advancing affordable housing, developing a framework for digital assets and overturning burdensome regulations.