A cryptocurrency firm settled SEC charges for publicly offering tokens that the SEC considered to be securities under the Howey test.

The CFTC sanctioned a digital asset commodity trading platform for failing to register with the CFTC as either a DCM or an FCM and offering trading in CFTC-regulated products to retail investors.

Treasury Under Secretary for Domestic Finance Nellie Liang outlined Treasury's recommendations for addressing risks identified in recent reports on the responsible development of digital assets.

A dually registered investment adviser and broker-dealer was penalized for failing to adequately and periodically review wrap fee accounts to identify instances of "reverse churning."

An investment adviser settled SEC charges for failing to comply with the independent verification requirement for client assets over which the adviser was deemed to have custody.