The Senate Committee on Banking, Housing and Urban Affairs considered testimony on a 24x7x365 real-time gross settlement system.

IOSCO examined members regulators' progress toward implementing suitability standards designed to prevent the mis-selling of complex financial products.

The New York State Department of Financial Services joined the Network for Greening the Financial System, an international coalition of bank supervisors created to "mobiliz[e] the financial industry to address climate change."

The SEC proposed rule amendments that would tighten the requirements that broker-dealers must meet before being permitted to post public quotations on OTC securities.

The SEC adopted a final rule to extend "test-the-waters" accommodations that allow certain communications in a contemplated initial public offering to all issuers, rather than solely to emerging growth companies.