University of Houston Finance Professor Craig Pirrong detailed several "fundamental flaws" in the Dodd-Frank Act and its adverse effects on financial markets.

The FRB appointed Mark E. Van Der Weide as General Counsel.

The NFA reminded member firms of financial reporting rule changes that became effective as of June 30, 2017.

The FDIC and the Board of Governors of the Federal Reserve System released the public sections of the resolution plans of eight large firms.

The Office of the Comptroller of the Currency reported that the trading revenue of U.S. banks increased to $7.1 billion in the first quarter of 2017.