FinCEN warned financial institutions of a recent surge in check fraud schemes targeting the U.S. mail system and urged financial institutions to report any suspected mail theft-related check fraud.

The effective date for SEC amendments to Regulation S-T ("Electronic Filings"), which extend the EDGAR deadline for when a Form 144 ("Notice of proposed sale of securities") is considered filed, will be March 20, 2023.

House Financial Services Committee Chair Patrick McHenry (R-NC) introduced the Data Privacy Act of 2023. The bill would amend the Gramm-Leach-Bliley Act to give consumers more control over how financial institutions utilize their personal data.

FINRA proposed to further postpone the implementation of margin requirements for covered agency transactions from April 24, 2023 to October 25, 2023.

The CFPB finalized amendments to its Rules of Practice for Adjudication Proceedings to (i) allow parties to conduct depositions of potential witnesses and (ii) allow for bifurcation of cases with court approval.