An investment adviser settled SEC charges for failing to reasonably determine and disclose the fair market value of principal trades with its advised funds during a period of significant market disruption.

The CFTC Division of Enforcement warned market participants that federal anti-fraud and anti-manipulation provisions apply fully to event-based contracts traded on registered exchanges.

The OCC proposed regulations to establish a comprehensive licensing, supervisory, and operational regime for (i) insured national banks, federal savings associations, and insured federal branches seeking to issue payment stablecoins through a subsidiary and (ii) nonbank entities, uninsured national banks, and uninsured federal branches seeking to issue payment stablecoins as federal qualified payment stablecoin issuers.

At a Senate Banking Committee hearing, federal prudential regulators described a coordinated push to recalibrate capital and supervision frameworks to better align regulatory burden with institutional risk while preserving safety and soundness.

The Managed Funds Association asked the CFTC to revise and republish a staff no-action letter to clarify the scope of registration relief for certain commodity pool operators that delegate investment management responsibilities.