In its annual securities industry "snapshot" report, FINRA found that the number of broker-dealers declined every year since 2019, and the number of investment adviser-only firms increased over the same period.

FINRA notified firms that it implemented Uniform Branch Office Registration Form functionality enhancements for initial submissions.

The CFPB proposed an interpretive rule covering "paycheck advance products," including "earned wage" or "earned wage access" products.

The Treasury Department and the Financial Services Sector Coordinating Council provided a "suite of resources" for financial services institutions on practices for securing effective cloud adoption and operations.

The American Fintech Council and Financial Technology Association requested extensions to the effective date set for the CFPB's Interpretive Rule on Buy Now, Pay Later loans.