A bipartisan group of lawmakers proposed legislation to establish "regulatory sandboxes" that would allow financial regulators to "experiment with AI test projects" under a controlled environment.

Senator Richard Blumenthal, Chair of the Senate Permanent Subcommittee on Investigations, called on CFPB Chair Rohit Chopra to investigate dispute resolution practices of Early Warning Services, the operator of peer-to-peer payment platform Zelle.

A firm settled FINRA charges for failing to establish and enforce written policies reasonably designed to achieve compliance with Regulation Best Interest and Form CRS.

Senate and House Democrats urged the CFTC to ban betting on the 2024 presidential election. The legislators expressed support for the CFTC's proposed rulemaking regarding event contracts.

Federal agencies proposed a rule to establish common data standards "to promote interoperability of financial regulatory data across these agencies."