A dually-registered broker-dealer and investment adviser was fined by the SEC and FINRA for failing to file Suspicious Activity Reports. The failure concerned the broker dealer's use of an improperly high dollar threshold for filing the reports.

The SEC set a deadline of August 15, 2023 for comments to be submitted on proposed amendments to a prior FINRA proposal to "treat a private residence at which an associated person engages in specified supervisory activities as a non-branch location." The comment deadline was published in the Federal Register.

The CFTC approved a "made-available-to-trade" determination for certain overnight index swaps referencing the Secured Overnight Financing Rate and Sterling Overnight Index Average.

Federal Reserve Board Vice Chair for Supervision Michael S. Barr shared the results of his "holistic review of capital for large banks" and recommended bank resolution reforms in response to recent bank failures.

House Financial Services Subcommittee Chair Bill Huizenga (R-MI) and House Appropriations Subcommittee Chair Steve Womack (R-AR) requested a briefing from the SEC as to whether it has conducted a "sufficient" economic analysis of proposed regulations on the private fund market.