Witnesses at a Senate Banking Committee hearing on capital formation urged Congress to pass legislation allowing 403(b) plans to invest in collective investment trusts ("CITs") and several voiced support for the DOL's proposed Investment Selection Rule.
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FINRA issued a 12-principle cybersecurity framework to help member firms strengthen their cybersecurity programs and mitigate risks of unauthorized access and system disruptions.
The FDIC adopted a two-phase review process for federal deposit insurance applications to provide organizers of proposed depository institutions with a timelier and more predictable path to approval.
The CFTC, in a rare move, exercised its emergency authority and ordered KalshiEX LLC to keep operating in line with the Commodity Exchange Act's core principles.
The FTC issued a policy statement declaring it will no longer pursue disparate-impact or "unfair discrimination" claims against businesses.