Depository Trust and Clearing Corporation Managing Director Val Wotton described how the organization is focused on expanding to 24x5 trading, and that the organization will expand its clearing windows to enable overnight trading activity beginning in June.
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The Bank Policy Institute and the American Bankers Association recommended the development of voluntary, risk-scaled documentation and secure integration guides to safely accelerate AI adoption in the financial sector.
SEC Division of Investment Management Director Brian Daly affirmed that the Division has a mandate from President Trump and SEC Chair Atkins to explore retail access to private markets.
In remarks before a SEC small business forum, Chair Paul Atkins and Commissioner Mark Uyeda prioritized greater capital access for early-stage entrepreneurs, support for smaller investment funds, and reducing regulatory burdens on public offerings.
The Congressional Research Service provided an overview of the controversy over cryptocurrency exchanges paying interest on stablecoins, a practice supported by the crypto industry but criticized by the banking industry.