In testimony before the Task Force on Monetary Policy of the House Financial Services Committee, industry leaders urged additional reforms in advance of implementation of the SEC's clearing mandate.

FDIC Acting Chair Travis Hill highlighted recent efforts to reform agency policy on De Novo bank formation, digital assets, resolution planning and asset thresholds.

SEC Acting Chair Mark T. Uyeda called for a reassessment of the boundaries between federal and state securities regulators.

The Office of the Comptroller of the Currency notified Congress of a major information security incident involving unauthorized access to internal emails.

NASAA amended its Model Business Conduct Rule to incorporate the SEC's Reg BI duty of care obligation for investment recommendations to retail customers, and to clarify this conduct standard "for purposes of state interpretation and enforcement."