House Financial Services Committee Chair Patrick McHenry (R-NC) introduced the Data Privacy Act of 2023. The bill would amend the Gramm-Leach-Bliley Act to give consumers more control over how financial institutions utilize their personal data.

FINRA proposed to further postpone the implementation of margin requirements for covered agency transactions from April 24, 2023 to October 25, 2023.

The CFPB finalized amendments to its Rules of Practice for Adjudication Proceedings to (i) allow parties to conduct depositions of potential witnesses and (ii) allow for bifurcation of cases with court approval.

The SEC charged a media and entertainment company and several of its principals with fraud in a scheme to solicit investments using "vastly inflated" historical annual revenues.

OFAC designated multiple individuals and entities in a broad expansion of sanctions against Russia.