The Managed Funds Association raised substantive concerns on an SEC proposed rule for short sale reporting by issuers and institutional investment managers.

CFTC Commissioner Christy Goldsmith Romero appointed Nora Flood and Phillip W. Raimondi as Senior Counsels and Policy Advisors.

In a 54-40 vote, the U.S. Senate confirmed Lael Brainard to a four-year term as Vice Chair of the Board of Governors of the Federal Reserve System.

In testimony before the Senate Banking Committee, CFPB Director Rohit Chopra offered a progress report on his first six months at the helm and highlighted efforts to "realign" the agency's agenda on behalf of consumers.