A firm settled FINRA charges for failing to immediately display customer limit orders, and for related supervisory violations.

The CFTC Division of Data, Division of Market Oversight and Division of Clearing and Risk granted conditional no-action relief from certain swap reporting and recordkeeping requirements for fully collateralized binary options transactions executed by KalshiEX LLC, a designated contract market, and cleared by LedgerX, LLC, a derivatives clearing organization.

In AMG Capital Management, LLC, et al. v. Federal Trade Commission, the U.S. Supreme Court held that the FTC does not have the authority under Section 13(b) of the Federal Trade Commission Act to seek equitable monetary relief.

The North American Securities Administrators Association highlighted its major regulatory undertakings during 2020 and outlined challenges faced by the investment adviser industry and state securities regulators as a result of the pandemic.