A broker-dealer settled FINRA charges for failing to adequately supervise its registered representatives' involvement in an outside business activity.

The CFTC Divisions of Market Oversight and Clearing and Risk granted the request of a designated contract market for no-action relief from certain swap reporting and recordkeeping requirements on fully collateralized "binary options" transactions.

The MSRB adopted amendments affecting required disclosure at the time of trade. The amendments provide new scenarios that might require time of trade disclosure and "codify, consolidate and retire certain interpretive guidance."

At a House Financial Services Committee hearing on Monetary Policy, Chair Patrick McHenry argued that "broad and material changes to the Basel III Endgame necessitate a full re-proposal. Full stop."

House Financial Services Committee Chair Patrick McHenry urged representatives to override President Biden's veto of a joint congressional resolution of disapproval on SEC Staff Accounting Bulletin No. 121.