A former natural gas trader settled CFTC charges for participating in a fraudulent scheme to misappropriate confidential employer information and for accepting illicit payments in exchange for steering brokerage business.

Senate Banking Committee Ranking Member Elizabeth Warren asked 11 sports betting companies for details on their acceptance of credit cards for wagers and whether consumers are adequately warned about hidden "cash advance" fees.

Senate Democrats urged Comptroller of the Currency Jonathan Gould and FDIC Chair Travis Hill to withdraw a proposed rule that would redefine "unsafe or unsound" practices in the banking sector.

The FDIC extended the comment period until May 18, 2026, for a proposed rule that would establish procedures for FDIC-supervised institutions to obtain approval to issue payment stablecoins through subsidiaries.

FINRA eliminated the requirement for firms to submit draft negative consent letters for staff review before effecting bulk account transfers.