President Joseph R. Biden designated Commissioner Allison Herren Lee as Acting Chair of the SEC.

Heath P. Tarbert resigned his position as CFTC Chair. He will remain one of the agency's five commissioners. Commissioner Rostin Behnam was elected to serve as Acting Chair.

A broker-dealer settled FINRA charges for failing to adequately address red flags arising from residential mortgage-backed securities transactions negotiated by one of the broker-dealer's associated persons.

NFA provided guidance on annual affirmation obligations for CPOs and CTAs that are exempt from CFTC registration.

FTC Chair Joseph J. Simons will step down effective January 29, 2021. President Biden designated FTC Commissioner Rebecca Kelly Slaughter to serve as Acting Chair.