The CFTC Market Participants Division and Division of Market Oversight extended through September 30, 2021, COVID-19 related no-action relief to floor brokers from location, registration and real-time market monitoring requirements.

A firm settled FINRA charges for placing bids that were well under market value in response to bid-wanted auctions or requests for quotes in municipal securities, thereby failing to exercise its best judgment in determining the fair market value of the securities.

The U.S. Senate confirmed Gary Gensler as SEC Chair.

FINRA issued new guidance clarifying reporting requirements on margin accounts.

A firm settled FINRA charges for failing to calculate customer reserves accurately.