The Congressional Research Service described the market for non-fungible tokens and risks for investors.

The DOJ filed a forfeiture complaint for $500,000 in ransom payments paid to North Korean state-sponsored groups that had hacked health care providers' online servers in Kansas and Colorado in separate ransomware incidents.

An insurance company settled SEC charges for providing retail investors with materially misleading quarterly account statements as to fees paid on variable annuities.

The Federal Reserve Board proposed rules to implement the Adjustable Interest Rate Act. The proposed rules would establish benchmark replacements for contracts that reference certain tenors of U.S. dollar LIBOR.

The SEC extended the period for consideration of a FINRA proposal to modify the timing of TRACE reporting requirements for transactions in U.S. Treasury Securities. The SEC set September 1, 2022 as the new deadline for a decision.