In remarks before the "Derivatives Trading Forum: Trading ESG Products," ISDA Chief Executive Scott O'Malia urged regulatory action to address proposed Basel III market risk rules for carbon certificates. He warned that the proposed rules would set capital requirements that are disproportionately high.

The CFTC Market Participants Division granted three swap dealers time-limited, no-action relief from enforcement action for using unapproved internal models to calculate credit risk charges when computing regulatory capital.

In its 2021 enforcement report based on 2020 data, the North American Securities Administrators Association highlighted an uptick in state enforcement actions related to commodities/precious metals, cybercrime, private offerings and self-directed individual retirement accounts.

The Congressional Research Service offered recommendations to Congress that would enhance federal cybersecurity management.

The MSRB reported its budget for 2022, projecting revenues of $29.3 million and expenses at $43.3 million. MSRB said the operating deficit of $14 million reflects a temporary reduction of MSRB fees.