The Senate Banking Committee summarized provisions of the Digital Asset Market Clarity Act. The Committee is scheduled to markup the bill on May 14.

Fed Vice Chair for Supervision Bowman said the Board will require the largest banks to report detailed financial information — including assets, income, and leverage — on the nonbank entities they lend to.

A firm settled FINRA charges for failing to supervise its representatives' recommendations of speculative investments to retail customers who later incurred losses.

The SEC granted an unopposed motion to stay FINRA's expulsions of a crowdfunding funding portal member for violating SEC crowdfunding rules and FINRA funding portal rules.

The Senate Banking Committee will mark up H.R. 3633, the Digital Asset Market Clarity Act of 2025, at an executive session on May 14, 2026.