In testimony before the Senate Banking Committee, Federal Reserve Board Chair Jerome H. Powell and Secretary of the Treasury Steven T. Mnuchin reviewed government actions taken pursuant to the Coronavirus Aid, Relief, and Economic Security Act.

The SEC provided conditional relief from certain Exchange Act credit-arranging prohibitions to broker-dealers designated as agents for the Federal Reserve Board's Term Asset-Backed Securities Loan Facility.

The SEC Division of Trading and Markets granted no-action relief regarding the net capital treatment of certain receivables from bank sweep programs.

A broker-dealer settled FINRA charges for publishing inaccurate order execution information.

A broker-dealer settled FINRA charges for failing to maintain a sufficient balance in its "Special Reserve Bank Account for the Exclusive Benefit of Customers."