A cryptocurrency exchange settled New York State Department of Financial Services charges for failing to establish a compliance program to satisfy (i) New York banking law and (ii) NYDFS virtual currency, money transmitter, transaction monitoring and cybersecurity regulations.

In a joint statement, the FDIC, the Federal Reserve Board and the OCC highlighted key crypto-asset risks to banking organizations and outlined their approach to crypto-asset-related supervision.

A multinational HVAC manufacturer settled OFAC charges for violating multiple sanctions regulations and the International Emergency Economic Powers Act.

Comments on an SEC proposal amending Regulation NMS to prohibit restricted competition trading centers from executing segmented orders for NMS stocks internally unless the order was first subject to competition in a qualified auction are due by March 31, 2023.

In a report prepared by House Financial Services Committee Majority Staff, Chair Maxine Waters (D-CA) highlighted Committee priorities and legislative efforts undertaken during the 116th and 117th Congresses.