In a Report to the House Financial Services Committee, GAO found that poor liquidity and risk management practices were factors contributing to the failure of Silicon Valley Bank and Signature Bank. GAO said that regulators identified these risks, but failed to sufficiently address them.
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Senate Banking Committee Chair Sherrod Brown (D-OH) requested information from an on-line "smart savings platform powered by real estate," on the company's potential risks to customers.
Senators John Thune (R-SD) and Tim Scott (R-SC) protested "recent climate related actions taken by the Department of Treasury's Federal Insurance Office.".
An online trading platform settled OFAC charges for processing digital asset-related transactions in sanctioned jurisdictions.
A broker-dealer settled FINRA charges for failing to identify potential sales charge discounts on customers’ mutual fund transactions.