Two affiliated Switzerland-based wealth management firms settled OFAC charges for operating U.S. dollar bank accounts on behalf of customers in sanctioned jurisdictions and engaging in U.S. dollar-denominated transactions on behalf of these customers through U.S.-based banks and broker-dealers.

The New York Attorney General filed a Complaint against a cryptocurrency company for unlawfully operating as a virtual currency broker and misleading investors regarding its registration status.

The Federal Reserve Board proposed amendments to the risk management standards governing operations related to the payment, clearing and settlement activities of certain designated financial market utilities.

An investment adviser settled SEC charges for casting proxy votes on behalf of the registered investment companies it managed without taking steps to verify that its voting tendencies were in the best interest of the clients it represented.

A cryptocurrency firm settled SEC charges for publicly offering tokens that the SEC considered to be securities under the Howey test.