An investment adviser settled charges with the SEC for breach of fiduciary duty after failing to properly evaluate whether leveraged exchange traded funds were in the best interests of its clients.

Senator Elizabeth Warren (D-MA) and Senator John Kennedy (R-LA) asked Federal Reserve Board Inspector General Mark Bialek to testify before the Senate Banking Committee on the FRB's role overseeing Silicon Valley Bank before its failure.

FTC filed modifications to an Order requiring Facebook to implement an "effective privacy program" regarding the collection of data on users under the age of 18.

The Senate Banking Committee considered testimony on legislative options for holding bank executives and regulators accountable following the failures of Silicon Valley Bank and Signature Bank.

ISDA argued the need for clarity in rules that govern the ownership of customer digital assets in the event of an intermediary’s insolvency. In a White Paper, ISDA asserted that the same "traditional and fundamental" protections that have been established through clear legal terms and the segregation of assets can also be applied to digital assets.