The America COMPETES Act of 2022 was introduced in the U.S. House of Representatives. The bill would, among other things, modernize FinCEN's special-measures authority to "empower FinCEN to adapt its existing tools, monitor and obstruct global financial threats, and meet the challenges of combating 21st century crime."

A firm specializing in execution services for institutional and broker-dealer clients settled FINRA charges for short sales and FINRA trade reporting rule violations.

In a risk alert for private fund advisers, the SEC Division of Examinations highlighted compliance issues found during the 2020 exam period.

CFTC Chair Rostin Behnam described the challenges associated with developing rules to govern trading on electronic platforms, given the technological innovations that have created a "growing divergence" between CFTC rules and the marketplace.

FinCEN's Notice of Proposed Rulemaking to establish a limited-duration pilot program that would allow U.S. financial institutions to share suspicious activity reports with non-U.S. branches, subsidiaries and affiliates was published in the Federal Register.