FINRA proposed amendments to the rules governing the Consolidated Audit Trail to make them consistent with an SEC conditional exemption from allocation reporting requirements in the CAT NMS Plan.

A CFTC final rule amending the period for the calculation of the average aggregate notional amount for purposes of scoping firms subject to initial margin requirements was published in the Federal Register.

In PayPal, Inc. v. Consumer Financial Protection Bureau, et al., the U.S. District Court for the District of Columbia vacated the CFPB's short-form disclosure requirement and thirty-day credit linking restriction.

In a new FAQ, OFAC clarified that U.S. persons are not required to divest their holdings in the publicly traded securities of identified Communist Chinese military companies by January 11, 2021.