The SEC announced that Christopher Hetner will continue to serve as Senior Cybersecurity Policy Advisor under SEC Chair Jay Clayton. Mr. Hetner served in that capacity under former Chair Mary Jo White.

At a hearing before the House Financial Services Subcommittee on Capital Markets, Securities and Investment, witnesses debated Sarbanes-Oxley and offered recommendations to address the decline in public offerings.

The FDIC revised guidelines for the appeal of material supervisory determinations.

BNP Paribas S.A. agreed to pay a $246 million fine to settle charges that it engaged in "unsafe and unsound practices in the foreign exchange markets."

In a split decision, the SEC affirmed a ruling by an administrative judge that the SEC Division of Enforcement did not demonstrate sufficiently that a former trader engaged in insider trading.