House Financial Services Committee Chair Patrick McHenry (R-NC) and Senate Banking Committee Ranking Member Tim Scott (R-SC) requested information from the FDIC and FRB regarding their regulatory oversight of Silicon Valley Bank and Signature Bank in the two years leading up to the banks' collapse.

Comments are due by May 22, 2023 on an SEC proposal that would implement cybersecurity risk management and reporting requirements.

A bank holding company entered into a plea agreement for filing false securities statements as to its initial public offering and subsequent annual filings.

The SEC Office of Municipal Securities updated its Registration of Municipal Advisors FAQ webpage by adding: “Completion of Form MA, Form MA-I, and Form MA-NR.”

SEC Director of the Division of Investment Management William Birdthistle described three trends in the asset management industry that require the SEC's "far-reaching vigilance and prompt concentration."