In this most recent issue, we discuss a number of updates and developments from federal regulators, including those related to novel banking arrangements, misrepresentations in advertisements and marketing, the intersection of fintech and AI, and other areas of increased scrutiny. We also discuss rule updates from the SEC, including the SEC’s Cybersecurity Rule and its proposed reforms to the Internet Adviser Exemption. Finally, we wrap up this edition with key litigation updates and our state law round-up, which discusses state commercial financing laws, California’s Digital Financial Assets law, and New York’s “tightening of the belt” on crypto asset companies.