SEC Commissioner Jaime Lizárraga asserted that the digital asset market is not currently a viable alternative to traditional finance, and that contrary to popular belief, the industry is highly centralized.

SEC Commissioner Hester M. Peirce argued that advisers to funds must vote in accordance with the fund's investment objectives and the best interests of that particular fund, even if doing so conflicts with the best interests of individual shareholders or the asset manager.

The SEC opened a new comment period on a proposal to adopt a voluntary three-year pilot program to allow broker-dealers to conduct annual office inspections remotely.

The SEC opened a new comment period to consider whether to approve a FINRA proposal that would amend the Code of Arbitration Procedure for Customer Disputes and the Code of Arbitration Procedure for Industry Disputes to impose additional requirements for expunging customer dispute information.

Comments on an SEC proposal to establish minimum standards for outsourcing investment advisory services and related form amendments are due by December 27, 2022.