A Florida man was sentenced to 55 months in prison for his participation in a scheme to provide private charter flight services to sanctioned Venezuela nationals.

U.S. Senate Banking Committee Ranking Member Pat Toomey (R-PA) proposed a framework to end the conservatorship of the government-sponsored enterprises.

A firm settled FINRA charges for selling variable annuities without properly implementing the firm's written supervisory procedures on recommendations and sales.

NFA instructed futures commission merchants and introducing brokers to revise their AML programs to reflect the updated Financial Action Task Force list of jurisdictions with strategic AML and Combating the Financing of Terrorism deficiencies.

SEC Acting Chair Allison Herren Lee described changes to the proxy voting disclosure framework necessary to keep pace with the "transformation" of investor preferences.