A broker-dealer settled FINRA charges for failing to implement a supervisory system reasonably designed to monitor the suitability of recommendations in complex, non-traditional exchange-traded products.

A swap dealer settled NFA charges for disclosure, risk management, recordkeeping and supervision violations relating to the firm's value-at-risk and initial margin calculations.

FINRA proposed updates to the arbitrator list selection process under the Code of Arbitration Procedure for Customer Disputes and the Code of Arbitration Procedure for Industry Disputes.

The SEC charged two crypto firms, one an issuer and the other its agent, with conducting an unregistered securities offering through a program where retail investors, among others, could "loan" crypto-assets to the issuer in return for an obligation of the issuer to return the assets with interest.

In its 2022 Municipal Market Year in Review, the MSRB reported a record number of trades and said municipal bond markets continued to operate efficiently.