SIFMA and SIFMA AMG developed and released a Master Treasury Securities Clearing Agreement to assist market participants with their "documentation needs" under new SEC rules requiring the clearance of Treasury securities transactions.

Twelve firm settled SEC charges for failing to comply with recordkeeping requirements regarding "off-channel" communications.

Witnesses before the House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion criticized the SEC's stance on digital assets, accusing the agency of stifling innovation and driving businesses offshore.

House Financial Services Committee Chair Patrick McHenry and House Majority Whip Tom Emmer requested clarification on the SEC's regulatory stance toward airdropped digital assets and the potential impact that may have on blockchain development and decentralization.

Nicole M. Argentieri, Principal Deputy Assistant Attorney General for the Criminal Division, announced the latest DOJ efforts to strengthen corporate compliance programs; she highlighted updated resources on AI, whistleblowers and compensation clawbacks.