SEC Chair Gary Gensler warned that finance is a "complex, interconnected, global network, with many transmission channels by which financial fires might spread." He likened the SEC efforts on promoting financial resiliency to that of "fire prevention and firefighting equipment," and highlighted steps taken to address regulatory gaps.

Federal Reserve Board Governor Michelle W. Bowman acknowledged the "drumbeat calling for broad, fundamental reforms in response to recent bank failures," but argued for "targeted changes to address identified root causes of banking system stress," and against "radical reform of the bank regulatory framework".

A global manufacturer of health technology products operating in China settled SEC charges for violations of the books and records and internal accounting controls provisions of the Foreign Corrupt Practices Act.

A broker-dealer and its CEO settled separate FINRA charges for, among other things, misrepresenting and omitting information about the amount of compensation received from the sale of private placements.

SEC Commissioner Mark T. Uyeda warned that "any failure by the International Accounting Standards Board to adapt and update International Financial Reporting Standards to keep pace with complicated and evolving financial transactions could have profound implications on the global markets."