Federal Reserve Board Vice Chair for Supervision Michael S. Barr outlined his recommendations for a re-proposal of (i) the Basel III endgame and (ii) the proposed adjustments to the Global Systemically Important Bank surcharge.

A US District Court granted summary judgment to a brokerage firm, finding that no fiduciary duty was owed to the plaintiff class because the firm "was not acting as either a broker-dealer or investment adviser, but rather as a prospective investment adviser."

The CFTC filed an "Emergency Motion" to block a DCM from offering election betting contracts. The Motion follows a US District Court ruling which lifted a CFTC Order prohibiting the DCM from offering users of its platform the opportunity to place bets on the outcome of elections.

FINRA issued guidance on cybersecurity risks posed by third-party providers, warning firms of an increase in cyberattacks and service outages affecting external vendors.

Seven firms settled SEC charges for requiring clients to sign confidentiality agreements that "impede[d] whistleblowers from reporting potential misconduct to the SEC."