The Alternative Reference Rates Committee summarized its recommendations to date for spread-adjusted fallbacks for contracts that reference U.S. dollar LIBOR.

A broker-dealer settled FINRA charges for misapplying the Multi-Day Approach in calculations of the pre-fail credits and close-out obligations of five affiliated foreign broker-dealers.

The MSRB recently approved amendments that narrow the scope of the annual customer notification requirements under rules for (i) the delivery of investor brochures and (ii) transactions with sophisticated municipal market professionals. The amendments go into effect on October 12, 2021.

A derivatives clearing organization settled CFTC charges for failing to obtain required depository acknowledgment letters for certain futures customer fund accounts.