The North American Securities Administrators Association criticized proposed digital commodity legislation and urged Congress to amend the text to clearly preserve state enforcement powers.

Senate Banking Committee Ranking Member Elizabeth Warren accused Consumer Financial Protection Bureau Acting Director Russell Vought of disregarding President Trump’s directive to cap credit card interest rates.

SEC Division of Trading and Markets Director Jamie Selway and Division of Examinations Director Keith Cassidy defended the expiration of the Global Research Analyst Settlement against recent public criticism by former SEC Chair Arthur Levitt.

FINRA updated guidance on reporting requirements for firms that are engaged in fractional share trading.

An education consulting firm settled SEC charges for acting as an unregistered municipal advisor when it provided advice to charter schools on the issuance of municipal securities.