In a report to the White House Competition Council, Treasury found that nonbank and large technology firms may increase competition in consumer finance markets, but, without proper regulation, may do more harm than good.

FINRA warned investors to exercise caution when investing in small capitalization initial public offerings due to an increase in pump-and-dump schemes.

The MSRB extended temporary regulatory relief to allow covered entities to conduct office inspections remotely while working to implement long-term hybrid work arrangements.

Treasury Secretary Janet L. Yellen urged regulators to provide more effective oversight over cryptocurrency markets given the recent market moving events in the digital asset space.

SEC Chair Gary Gensler called for greater transparency and resiliency in U.S. treasury markets to promote competition. He highlighted projects the SEC has undertaken with Treasury and the NY Fed to improve the market.