IOSCO requested feedback on a proposed definition of "pre-hedging." In a Consultation Report, IOSCO also proposed a set of recommendations as guidance for regulators.

Three broker-dealers separately settled SEC charges for failing to include required information in suspicious activity reports.

The SEC sued a former co-chief investment officer of a large investment advisory firm for allegedly orchestrating a "cherry-picking scheme," in which he disproportionately allocated better performing trades to certain favored portfolios, and worse performing trades to other portfolios.

The SEC approved amendments to the Fixed Income Clearing Corporation's rules on central clearing for Treasuries. The amendments include "changes related to the separate calculation, collection and holding of margin for proprietary transactions of direct participants and indirect participant transactions."

The CFTC's Global Markets Advisory Committee recommended the adoption of distributed ledger technology to address challenges in using non-cash collateral for derivatives transactions. The decision to advance the recommendations to the CFTC was prepared in a report by the GMAC Subcommittee on Digital Asset Markets and was approved without objection.