The Connecticut General Assembly enacted legislation establishing requirements for automated employment decision tools and AI companion chatbots, with phased effective dates beginning October 1, 2026.

Comptroller of the Currency Jonathan V. Gould said the OCC expects to issue a final rule implementing the GENIUS Act by November 2026.

The SEC ruled that two DTCC subsidiaries properly ceased to act for a broker-dealer and that one of them, the National Securities Clearing Corporation, properly capped the firm's unsettled clearing activity at $400 million, but the Commission set aside $120,000 in fines and reduced a hearing-cost award.

The SEC's Division of Investment Management said that it would not recommend enforcement action against Franklin Templeton funds that hold shares of an affiliated, blockchain-integrated money market fund without fully complying with the Investment Company Act's self-custody rule.

The International Swaps and Derivatives Association, the American Bankers Association, and America's Credit Unions urged the Financial Accounting Standards Board to adopt proposed hedge accounting amendments, saying they would better align reported results with how institutions manage interest rate and foreign currency risk.