Two affiliated investment advisers settled SEC charges for failing (i) to disclose conflicts of interest associated with certain revenue sharing agreements and (ii) to seek best execution for their clients.

In a comment letter on FinCEN's proposed rulemaking on access and safeguards to beneficial ownership information, the Investment Company Institute urged FinCEN to be mindful of the unique characteristics of mutual funds.

The Financial Action Task Force suspended Russia's membership in response to its "unprovoked and unjustified" invasion of Ukraine.

FinCEN warned financial institutions of a recent surge in check fraud schemes targeting the U.S. mail system and urged financial institutions to report any suspected mail theft-related check fraud.

The effective date for SEC amendments to Regulation S-T ("Electronic Filings"), which extend the EDGAR deadline for when a Form 144 ("Notice of proposed sale of securities") is considered filed, will be March 20, 2023.