In a response to a BCBS-CPMI-IOSCO Margin Group Consultation Report, FIA urged further progress on efforts to increase the resilience of global derivatives markets in times of stress. The Consultation focused on 10 policy proposals to improve participants’ understanding of initial margin calculations and potential future margin requirements.

The North American Securities Administrators Association supported a FinCEN proposal that would include "investment adviser" in the definition of "financial institution" under the Bank Secrecy Act. The proposed expansion of the definition would subject advisers to AML/CFT program and recordkeeping requirements.

A market maker specializing in exchange-traded products settled FINRA charges for failing to establish satisfactory procedures to prevent the entry of orders that exceeded appropriate sizes in light of the firm's capital.

In a blog post, FINRA's Head of Enforcement, Bill St. Louis, described his objectives to: (i) protect investors and markets (ii) enhance the transparency of FINRA Enforcement to external stakeholders; (iii) increase efficiency and reduce the time to complete cases; and (iv) improve collaboration across FINRA’s regulatory operations.

SEC Division of Enforcement Director Gurbir S. Grewal warned about the "storm of risk" brewing around AI and encouraged "proactive compliance" with securities law requirements as they relate to AI.