The Financial Crimes Enforcement Network proposed a rule to create a whistleblower program offering financial incentives and anti-retaliation protections for reporting potential AML and sanctions violations.

Treasury Secretary Scott Bessent highlighted the administration's economic agenda "designed to unlock ... “Parallel Prosperity” for Main Street and Wall Street."

Senate Banking Committee Ranking Member Elizabeth Warren pressed SEC Chair Paul Atkins to address allegations of political interference in enforcement matters before the agency.

The SEC Division of Trading and Markets issued an Order and a related no-action letter regarding the collateral that broker-dealers may pledge when borrowing customer securities.

ISDA CEO Scott O’Malia described the revised Basel III endgame proposal as a "major improvement" that enhances clarity and risk sensitivity, but emphasized that key issues remain.