The Fixed Income Clearing Corporation proposed new rules in response to SEC amendments mandating that a central clearing agency for US Government securities require its members to clear certain of their cash market and repurchase transactions.

The North American Securities Administrators Association supported a PCAOB proposal to enhance the PCAOB's current periodic reporting and special reporting framework.

The Financial Services Institute, the Investment Company Institute, the Insured Retirement Institute and SIFMA urged passage of the bipartisan Financial Exploitation Prevention Act, a bill which would permit companies "to postpone securities redemption if they suspect exploitation of seniors or individuals unable to protect their interests."

A crypto firm agreed to settle SEC claims for "intentionally and recklessly orchestrating one of the largest securities frauds in U.S. history." The firm and its founder agreed to pay $4.5 billion to settle the fraud claims.

An investment adviser settled SEC charges for misleading advertising on fund performance.