A firm settled FINRA charges for executing short sales through proprietary trading accounts it had miscoded as market maker accounts.

The OCC, Federal Reserve Board, and the FDIC issued updated interagency guidance on model risk management.

FINRA fined a broker-dealer $125,000, issued a censure, and required payment of all back-owed regulatory transaction fees after the firm failed to report nearly 900,000 trades over several years.

The SEC and the CFTC jointly proposed amendments to reporting Form PF for private fund advisers that would significantly reduce reporting obligations, raise filing and reporting thresholds, and eliminate a number of specific reporting requirements.

SEC Commissioners described an options market that has experienced enormous growth and increased retail participation since the last time the agency considered structural concerns.