The Office of Compliance Inspections and Examinations identified compliance issues for broker-dealers and investment advisers resulting from market volatility and operational disruptions due to the COVID-19 pandemic.

SEC Deputy Chief Accountant Marc Panucci will step down from his position at the end of August 2020.

FINRA proposed to eliminate Order Audit Trail System rules once member firms begin reporting to the Consolidated Audit Trail.

The SEC named Sebastian Gomez Abero as the new Deputy Director of the Office of the Advocate for Small Business Capital Formation.

The Federal Reserve Board voted to approve individual large bank capital requirements. The requirements will go into effect on October 1, 2020.