In its annual Staff Report to Congress, the SEC Office of Credit Ratings identified new and ongoing compliance deficiencies for nationally recognized statistical ratings organizations.

In an amicus curiae brief filed with the Delaware Court of Chancery, the Managed Funds Association supported a plaintiff's claims that certain Company bylaw amendments which required expanded information from investors making director nominations or stockholder proposals were invalid and unenforceable, and that the Company's board of directors breached their fiduciary duties by adopting them.

Senator Tim Scott (R-SC), Ranking Member of the Senate Banking Committee, outlined the Committee's Republican agenda for the 118th Congress.

In a letter to SEC Chair Gary Gensler, five Republican members of the Senate Banking Committee challenged the basis for four new rule proposals targeting U.S. equity market reform.

The CFTC Market Participants Division issued a new letter expanding the scope of relief from certain rules for "intended-to-be-cleared" swaps.