In a letter to the DOJ, House Financial Services Committee Ranking Member Patrick McHenry (R-NC) and Republican members of the Digital Asset Working Group asserted that the "Federal Reserve does not have the legal authority to issue a central bank digital currency ('CBDC') absent action from Congress."
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A broker-dealer settled FINRA charges for failing to comply with short sale regulations related to close-outs of "fail-to-deliver" positions.
A major pharmaceutical company agreed to settle a qui tam action for improperly influencing doctors to prescribe medications that caused the submission of false claims to Medicare and Medicaid.
A bank settled CFPB charges for unfair and abusive practices by charging overdraft fees on transactions when customers had sufficient funds in their accounts when the transactions were made.
A registered swap execution facility settled CFTC charges relating to the requirement that certain swaps be exposed to a central order book for at least 15 seconds after entry.