Federal Reserve Vice Chair for Supervision Michelle W. Bowman described the implementation of her "comprehensive approach to pragmatic supervision and regulation" of the U.S. banking system.

The SEC Division of Trading and Markets permitted a swap dealer to clear securities of an affiliated banking entity without customer segregation, subject to a subordination agreement between them.

The SEC Division of Trading and Markets permitted a broker-dealer to use a modified securities count framework for "capital balance funds" that report ownership by dollar value rather than share count.

The National Securities Clearing Corporation outlined plans to expand its Universal Trade Capture capabilities to support transaction processing on a 24x5 basis.

The SEC charged three brothers and three associates with orchestrating a market manipulation and insider trading ring involving pharmaceutical stocks and stolen clinical trial data.