The Board of Governors of the Federal Reserve System permanently banned a former trader for engaging in foreign exchange market practices alleged to be "unsafe and unsound."

SIFMA submitted recommendations to the SEC for enhancing the standards of conduct for broker-dealers and investment advisers concerning retail customers.

A Task Force convened by the Board of Governors of the Federal Reserve System issued a final report titled "The U.S. Path to Faster Payments: A Call to Action."

The SEC named Bryan Wood as the new Director of the Office of Legislative and Intergovernmental Affairs.

The National Futures Association revised the procedure followed by major swap participants and swap dealers when submitting documentation of their ability to comply with certain CFTC Regulations.