Multiple trade associations urged the SEC to withdraw its proposal requiring broker-dealers and investment advisers to eliminate or neutralize conflicts of interest associated with the use of predicative data analytic technologies.

The House Financial Services Committee heard testimony on a joint proposal from the Federal Reserve Board, FDIC and OCC that would increase bank capital requirements consistent with standards issued by the Basel Committee on Banking Supervision.

The SEC proposed amendments to the SEC EDGAR system, which would require each electronic filer to authorize an account administrator to manage their account.

The House Financial Services Committee heard testimony from witnesses regarding the implications of the issuance of a Central Bank Digital Currency on the U.S. financial system.