The Global Markets Advisory Committee approved (i) a report with recommendations examining the "harmful impact" of the Basel III proposals on the derivatives markets; and (ii) recommendations to "support and facilitate industry implementation of the BCBS-IOSCO [framework] for streamlining of variation margin practices."

The Treasury Department issued a request for information on the "uses, opportunities, and risks of artificial intelligence in the financial services sector."

In remarks at the ISDA/SIFMA Treasury Forum, SEC Chair Gary Gensler described reform efforts in the US Treasury markets.

In a unanimous decision, the United States Court of Appeals for the Fifth Circuit vacated the SEC's "Private Fund Advisers Rule." The Fifth Circuit determined that existing law did not provide the SEC the authority to issue rules covering private investment funds.

The SEC requested regulated entities voluntarily submit self-assessments of their diversity policies and practices.