OFAC sanctioned an Iranian air transportation service provider for its role in the shipment of unmanned aerial vehicles to Russia.

A broker-dealer settled FINRA charges for (i) failing to develop and implement an adequate AML compliance program, and (ii) failing to "reasonably detect, investigate, and respond to potentially suspicious transactions by a corporate customer."

A broker-dealer settled FINRA charges for AML program compliance, supervision and communications recordkeeping failures.

Twelve Republicans on the Senate Banking Committee urged CFPB Director Rohit Chopra to abandon the agency's "radical and highly-politicized agenda" and expressed concern that the organization is "lawless and unaccountable."

SIFMA criticized the SEC for its decision to extend the applicability of the "Penny Stock Quote" rule, which requires broker-dealers to base public quotations for OTC securities on specified information and to maintain records of that information, to the fixed income markets.