The Department of Labor adopted a final rule which extends the definition of "investment advice" under ERISA to include any financial services professionals who are paid for advice they give to retirement plan participants, individual retirement account owners and plan officials responsible for administering plans and managing their assets.

The CFPB found "persistent" unfair, deceptive and abusive acts or practices in supervisory examinations of the residential mortgage servicing industry.

The CFTC amended its swap execution facility regulations related to uncleared swap confirmations.

A Florida-based investment adviser and its principal settled SEC charges for making misleading statements to advisory clients about the management and performance of adviser-managed accounts.

Two crypto industry trade associations sued to vacate the SEC's recently adopted "Dealer Rule." The rule expanded the definitions of "dealer" and "government securities dealer" as it applies to participants in decentralized finance.