A firm settled FINRA charges for operating while net capital deficient, failing to timely notify regulators of such deficiencies and other required thresholds, and for related supervisory failures.

Researchers from the Office of Financial Research provided a "complete" review of the U.S. repo market and warned that the "interwoven" nature of banks and nonbank financial institutions creates potential channels for contagion during periods of market stress.

Federal Reserve Governor Michael S. Barr highlighted challenges federal and state regulators face in implementing the Guiding and Establishing National Innovation for U.S. Stablecoins Act.

The Office of the Comptroller of the Currency issued a final rule rescinding its recovery planning guidelines for large insured banks and savings associations.

The Congressional Research Service reviewed risks in the $2 trillion private credit market amid concerns about widespread redemption restrictions.