The Senate Banking Committee considered opposing testimony concerning policies on junk fees and the resulting impact on consumers.

SEC Chief Accountant Paul Munter warned accounting firms about crypto asset trading platforms that misrepresent non-audit work when marketing to investors. Mr. Munter reminded accounting firms that they could be held legally liable for misstatements made by client companies in the crypto asset space about such work.

The SEC Division of Corporation Finance granted no-action relief to an India-based issuer that was acting in compliance with India's Takeover and Delisting Regulations.

The Federal Reserve Board, OCC and FDIC jointly proposed amendments that would "substantially" revise capital requirements for large banking organizations to be consistent with international capital standards issued by the Basel Committee on Banking Supervision.

The Office of Financial Research launched the Joint Analysis Data Environment platform to help the Financial Stability Oversight Council assess financial stability risks.