The effective date for amendments to the SEC broker-dealer and security-based swap dealer electronic recordkeeping requirements will be January 3, 2023.

A broker-dealer settled FINRA charges for failing to review the suitability of investment recommendations in non-traded Real Estate Investment Trusts and for failing to timely respond to relevant customer complaints.

FinCEN said that ransomware attacks continue to pose a significant threat to the soundness of critical U.S. infrastructure.

FINRA issued guidance on developing or modifying succession plans for individual registered representatives in the event of retirement, death, disability or illness.

SEC Chair Gary Gensler warned that any company engaging in misconduct that harms investors will face severe consequences.