A broker-dealer settled SEC charges for operating as an unregistered municipal advisory firm by providing advice to a municipality regarding securities that were purchased with the proceeds from an issuance of bonds.

In testimony before the Senate Judiciary Subcommittee on Competition Policy, Antitrust and Consumer Rights, DOJ Assistant Attorney General Jonathan Kanter and FTC Chair Lina M. Khan described challenges in the current enforcement of federal antitrust laws.

Senate Banking Committee Ranking Member Pat J. Toomey (R-PA) requested information from 12 ESG ratings firms as to how they calculate companies' ESG scores.

President Joseph R. Biden will nominate Travis Hill to be Vice Chair of the FDIC Board of Directors and Jonathan McKernan to be a General Board Member.

The CFTC Division of Clearing and Risk granted Taiwan Futures Exchange's request for no-action relief from the requirement to register as a derivatives clearing organization.