The SEC amended its broker-dealer and security-based swap dealer electronic recordkeeping requirements, no longer requiring records to be kept in the "write one, read many" format in order to accommodate new technologies.

A broker-dealer settled FINRA charges for failing to comply with best execution obligations by routing customer orders through a preferred ATS without considering alternate routing arrangements.

A virtual currency exchange settled simultaneous OFAC and FinCEN charges for violating multiple sanctions regulations and failing to implement a sufficient AML program.

Acting Comptroller Michael J. Hsu urged regulators to monitor the nature of the relationship between TradFi and DeFi warning that applying traditional finance regulations and concepts to a decentralized cryptocurrency industry may downplay and disguise the significant risks associated with cryptocurrencies.

The CFPB sued an online lender and several subsidiaries for violating the Military Lending Act by, among other counts, imposing fees that exceeded the Act's limit of 36 percent Military Annual Percentage Rate.