The Investment Company Institute urged the SEC to allow open end funds to participate in co-investment transactions under the same conditions provided under relief granted to closed-end funds and business development companies.

A broker-dealer settled FINRA charges for distributing misleading performance projections in private placement materials and failing to properly report customer complaints.

The North American Securities Administrators Association criticized proposed digital commodity legislation and urged Congress to amend the text to clearly preserve state enforcement powers.

Senate Banking Committee Ranking Member Elizabeth Warren accused Consumer Financial Protection Bureau Acting Director Russell Vought of disregarding President Trump’s directive to cap credit card interest rates.

SEC Division of Trading and Markets Director Jamie Selway and Division of Examinations Director Keith Cassidy defended the expiration of the Global Research Analyst Settlement against recent public criticism by former SEC Chair Arthur Levitt.