FINRA proposed a new set of reporting rules to implement an SEC rule on securities lending transparency. The SEC rule, adopted October 13, 2023, requires the reporting of securities lending transactions and provides for the public dissemination of loan information.

A firm settled FINRA charges for failing to send or for sending inaccurate trade confirmations to customers.

The Congressional Research Service reviewed legislative and policy challenges before Congress concerning data privacy, data localization, artificial intelligence and regulation of the technology sector.

House Financial Services Committee Chair Patrick McHenry accused SEC Commissioner Gary Gensler of misleading Congress regarding the classification of Ethereum as a security. Mr. McHenry said the SEC already knew it considered ETH a security before the Commissioner attended a hearing and declined to answer that question.

FINRA proposed an extension of time for individuals enrolled in the Maintaining Qualifications Program to complete their prescribed 2022 and 2023 continuing education requirements.