In its biennial report on examinations of state-registered investment advisers, the North American Securities Administrators Association highlighted that most investment advisers lack policies and procedures regarding the financial exploitation of seniors or other vulnerable investors.

In an updated advisory, OFAC underscored the sanctions risks arising from ransomware payments made in response to "malicious cyber-enabled activities."

During its annual fall meeting, the North American Securities Administrators Association approved a statement on Diversity, Equity and Inclusion.

An NFA interpretive notice on swap dealer reporting requirements, and the imposition of a late filing fee of $1,000 per business day for certain reports, will go into effect on October 6, 2021.

The Global Financial Markets Association, the Financial Services Forum, FIA, the Institute of International Finance, ISDA and the Chamber of Digital Commerce offered recommendations to the Basel Committee on Banking Supervision on the design of a prudential framework for the treatment of cryptoasset exposures.