A broker-dealer settled Nasdaq Texas exchange charges for pre-trade control violations and supervisory system failures to prevent erroneous orders.
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Federal Reserve Governor Lisa Cook warned that AI-related demand was a contributing factor to an increasing risk of higher inflation in the economy. She said the right course for monetary policy is to hold interest rates steady from a risk-management perspective.
SEC Commissioner Hester Peirce urged regulators to embrace privacy-enhancing technologies as a tool that strengthens, rather than undermines, financial oversight.
Democratic legislators questioned the Secretary of Defense on promoting private equity investment in defense contracting and asked about reported plans to create an "Economic Defense Unit" to interact with private-equity firms.
The Commodity Futures Trading Commission and Gemini Trust Company, LLC filed a Joint Motion asking the Southern District of New York to vacate a 2025 Consent Order that had imposed a $5 million civil monetary penalty and permanent injunction against the cryptocurrency exchange.