An investment fund challenged an IRS determination that various contracts entered into between the fund and an investment bank resulted in the fund having effective ownership of the positions that were the subject of the contracts.

A broker-dealer that operates an alternative trading system for trading fixed income securities settled SEC charges for failing to protect subscribers' confidential information.

An Illinois-based trading entity settled CFTC charges for holding a position in soybean oil futures contracts that exceeded certain position limits.

The Investment Company Institute and the Managed Funds Association responded to an SEC concept release on Securities Act registration exemptions that facilitate capital raising.

In its September disciplinary report, FINRA recapped actions against member firms and individuals for violations of FINRA rules, MSRB rules, and federal securities laws and rules.