The Texas State Securities Board and the New Jersey Bureau of Securities issued guidance to investment advisers on the use of data aggregation services and third-party financial platforms.

The SEC Division of Corporation Finance analyzed the "economic realities" of Liquid Staking arrangements—including the issuance of staking receipt tokens—under the Supreme Court's Howey test to determine whether they involve "a reasonable expectation of profits to be derived from the entrepreneurial or managerial efforts of others."

A broker, who managed accounts for two customers who were employed by another brokerage firm, settled FINRA charges for negligent misrepresentations made in attestation letters concerning the nature of the accounts.

The FDIC issued updated guidance to supervised institutions regarding the use of pre-populated customer information to satisfy obligations under the Customer Identification Program.

The CFTC launched a "crypto sprint" to implement the recommendations of the President's Working Group on Digital Asset Markets. (See previous coverage.)