The SEC extended the deadline for considering whether to grant or deny an application filed by Paxos Securities Settlement Company, LLC for registration as a clearing agency.

The FINRA Board of Governors approved rule updates permitting member firms to establish electronic delivery as the default method for mandated investor communications.

The SEC requested comment on the Fixed Income Clearing Corporation and Chicago Mercantile Exchange Inc. application for exemptive relief to cross-margin customer Treasury securities and related futures.

A firm settled FINRA charges for failing to reasonably supervise outside business activities and for failing to monitor and preserve off-channel business related electronic communications.

SEC Director of the Division of Investment Management Brian Daly encouraged the investment management industry to collaborate on ways AI can modernize investor disclosures and improve regulatory processes.