The UK government will propose legislation to amend the UK regulatory framework applicable to the LIBOR benchmark.
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SEC Chair Jay Clayton and SEC Division of Trading and Markets Director Brett Redfearn reviewed agency efforts to improve equity market structure.
The SEC issued an Order extending relief to investment funds and advisers from in-person board meeting obligations.
The U.S. Supreme Court held that disgorgement can be considered "equitable relief" as long as it does "not exceed a wrongdoer's net profits and is awarded for victims."
The DOJ charged the president and CEO of a technology services provider for exaggerating or fabricating information included in Paycheck Protection Program loan applications.