The FINRA Board of Governors approved the issuance of a number of proposals designed to ensure better supervision and more accountability for "high-risk" brokers.

SEC Commissioner Michael Piwowar listed factors contributing to a decline in the number of initial public offerings and expressed the Commission's determination to revitalize the market.

At an SEC and North American Securities Administrators Association Conference, SEC Commissioner Kara Stein urged regulators to adapt to technological advancements and challenges.

The SEC Advisory Committee on Small and Emerging Companies debated several regulatory issues relating to the capital-raising activities of small issuers.

SEC Commissioner Michael Piwowar expressed a commitment to support businesses in their capital-raising activities while ensuring that rules and regulations operate effectively and as intended.