Federal Reserve Board Vice Chair for Supervision Michelle Bowman urged clarity to let banks innovate for financial inclusion, while FRB Governor Michael Barr considered how AI will affect inequality.
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The Investment Company Institute urged states to stop treating long-term investors as having abandoned their accounts under unclaimed-property laws.
The Transatlantic Taskforce for Markets of the Future, composed of the United States and the United Kingdom, released a set of recommendations to align their financial rules on digital assets and capital markets and issued a joint statement on stablecoins.
The CFTC stayed a Kalshi emergency rule that would have canceled Michigan residents' event-contract trades and ordered Kalshi to honor those trades.
NYSE Arca proposed a rule change to set specific steps for halting and resuming trading in a stock that faces a major corporate action.