A broker-dealer and investment adviser agreed to settle SEC charges concerning allegations that the firm disadvantaged retirement account customers and failed to provide sales charge waivers.

FINRA provided guidance on the differences between exchange-traded funds and mutual funds.

The SEC allowed open-end funds additional time to comply with certain liquidity risk management requirements.

The Board of Governors of the Federal Reserve System is seeking comments on proposed changes to (i) guidelines for entities appealing adverse material supervisory determinations and (ii) FRB policy detailing the responsibilities of the Ombudsman.