FINRA researchers warned retail investors that they significantly increase their exposure to fraud if they base their financial decisions on social media and "finfluencers."
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The National Securities Clearing Corporation proposed a rule change to modify its rules and procedures to extend its trade, capture and clearing operating hours to a "24x5" model.
The United States and the CFTC sued regulators in Illinois, Arizona, and Connecticut, alleging that the states are improperly preventing federally regulated trading platforms from offering event contracts to customers.
The Treasury Department proposed rules for determining when a state-level regulatory regime is "substantially similar" to the federal regulatory framework under the Guiding and Establishing National Innovation for U.S. Stablecoins ("GENIUS") Act.
SIFMA warned that altering the SEC's current "Non-Objecting Beneficial Owner" and "Objecting Beneficial Owner" framework could undermine investor privacy, cybersecurity, and the efficiency of the U.S. proxy system.