FiSolve Weekly News Digest: July 24, 2026

Here is what we are reading in the news this week...

SEC Proposes New Electronic Delivery

Framework for Investors

The Securities and Exchange Commission (SEC) proposed Regulation E-Delivery, a new rule that would expand the ability of issuers, broker-dealers, investment advisers, and others to use electronic delivery to satisfy information delivery requirements under the federal securities laws. Regulation E-Delivery would make information more readily accessible and useful for investors and others while preserving the ability to receive delivery in paper format on request. Currently, required regulatory information typically is delivered in paper format unless the recipient affirmatively elects otherwise. The proposed e-delivery approach includes requirements and conditions under which required information could be delivered electronically without first obtaining affirmative consent. It generally would supersede the SEC’s decades-old, guidance-based e-delivery approach and provide savings to issuers, market intermediaries, and, ultimately, investors, in paper, printing, and postage costs. Read more here.

Web Blog Discusses Changes to FINRA Exam Program

A blog post by Jim Reese, FINRA’s Executive Vice President and Head of Examinations explains how FINRA’s examination program is being modernized under the FINRA Forward initiative to make exams more transparent, efficient, and risk-based. Key changes include giving firms advance notice of upcoming examinations, extending the exam cycle for certain lower-risk firms from four to six years while maintaining ongoing risk monitoring and reducing data requests through better use of existing information. Another change allows firms to receive preliminary findings during examinations so issues can be addressed earlier. FINRA also describes a new integrated Regulatory Operations structure that improves coordination across risk monitoring, examinations, investigations, and enforcement, with the goal of focusing resources on higher-risk areas, reducing unnecessary regulatory burden, improving communication with member firms, and leveraging automation and AI to further streamline the exam process while protecting investors and maintaining market integrity. Read more here.

Report: AI Leaders in Financial Services Are Pulling Away Through Business-Led Workforce Transformation

NTT DATA's 2026 Global AI Report for Banking & Financial Services finds that the firms generating the greatest value from AI are not simply investing more in technology; they are fundamentally reshaping talent, governance, and operating models around AI. Leading institutions are aligning AI initiatives directly to business outcomes, embedding AI across revenue, risk, and compliance functions, and creating centralized governance structures that enable innovation while maintaining regulatory discipline. The report highlights that AI leaders are more likely to prioritize customer-facing and advisory use cases, move AI solutions into production faster, and realize measurable profit improvements. For talent leaders, the key implication is that competitive advantage will increasingly depend on developing employees who combine financial-services expertise with AI fluency, while building organizational structures that allow AI and human judgment to work together at scale. Read more here.

FDIC Begins Implementation Steps Related to the

GENIUS Act Stablecoin Framework

The FDIC issued Financial Institution Letter FIL-38-2026 regarding proposed reporting forms and instructions for FDIC-supervised permitted payment stablecoin issuers under the GENIUS Act framework. This is one of the first operational regulatory steps associated with the emerging federal framework for payment stablecoins. Banks exploring stablecoin activities should monitor the reporting and compliance requirements that follow. Read more here.

SEC Announces Roundtable on

Preparations for 24-Hour Trading

The Securities and Exchange Commission announced it will host a roundtable on Sept. 17, 2026, to discuss moving towards 24-hour trading in the U.S. equity markets, including preparations to support overnight trading, operations and resiliency in a 24-hour market, and opportunities and challenges for expansion. The roundtable will be open to the public and held at the SEC’s headquarters at 100 F Street, N.E., Washington, D.C. The discussion will be streamed live on SEC.gov. It was also announced that a recording will be made available at a later date. Comments on this transition are currently being accepted by the SEC. Read more here.

SEC Announces Departure of Principal Deputy Director

of Enforcement Sam Waldon

The Securities and Exchange Commission announced that Sam Waldon, Principal Deputy Director of the Division of Enforcement, will depart the agency on July 31, 2026, after more than 14 years at the SEC. Mr. Waldon will be succeeded as Principal Deputy Director by Osman Nawaz, who previously served with the SEC from 2010-2024 before rejoining the agency last month Mr. Waldon served as Acting Deputy Director from October 2024 to January 2025 before becoming Acting Director of Enforcement on two occasions in 2025 and 2026. Read more here.

CFTC Sunsets Routine Large Trader Reporting Requirements for Physical Commodity Swaps

The Commodity Futures Trading Commission issued a final order sunsetting the routine position-reporting requirements of Part 20, the large trader reporting rules for physical commodity swaps. Under the order, clearing organizations, clearing members, and swap dealers will no longer be required to file the daily and event-based position reports currently required under Part 20. Read more here.

ESMA Calls on Firms to Finalize Preparations

Ahead of T+1 Settlement Deadlines

The European Securities and Markets Authority (ESMA) published a statement highlighting key deadlines and action points to be ready for the transition to a T+1 settlement cycle in EU financial markets. With the move scheduled for October 11, 2027, ESMA underlines that 2026 is a critical year for market participants to finalize their preparations. The statement outlines key milestones, including the first regulatory deadline on December 7, 2026, for allocations and confirmations processes. Market participants are encouraged to prepare and test their own readiness, and to check the readiness of their entire ecosystem, across the entire trading and settlement chain. Read more here.

FiSolve Hosts Webinar on Prediction Markets: Opportunities and Legal Considerations

FiSolve hosted a webinar titled: Prediction Markets: Emerging Opportunities, Emerging Risks, and the New Legal and Compliance Frontier. The webinar discussed business opportunities in this area, and the legal and compliance considerations firms should be contemplating today. Our speakers (Steven Yadegari (Moderator), Steven Felsenthal, David Hauser, Drinan Gorney, and Stephen McShea) highlighted a few key points including: 1) This is not solely a legal/compliance issue. It is important to get key people in your organization involved in the process including, HR, legal, compliance, information security, research and your execs. 2) Where do you start? Talk to people at your firm. Find out how they are using or considering the use of predictive markets. And then conduct education and training around the issues that arise in these markets and your firm's policies towards managing the issue, and 3) an outright prohibition on employee use or trading may seem like an easy solution, but there may be a business cost in doing so. A thoughtful approach can preserve business opportunities, allow appropriate employee participation, and manage the risks, conflicts and compliance considerations inherent in this area. You can view the full webinar here.

💡FiSolve's Negotiation Tip of the Week💡

Choosing to live to fight another day

In high-stakes financial services negotiations, remember that not every battle needs to be won today. When a discussion reaches an impasse, the most effective move may be to preserve the relationship, maintain credibility, and leave the door open for future opportunities rather than forcing a short-term victory. Skilled negotiators recognize that markets change, priorities evolve, and today's "no" can become tomorrow's "yes." By staying grounded, avoiding unnecessary ultimatums, and focusing on long-term value creation, you position yourself to revisit the conversation under more favorable conditions. Sometimes the smartest negotiation strategy is simply living to fight another day.

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