The CFTC proposed amendments that would (i) define the term "senior officer," (ii) clarify the responsibilities of a chief compliance officer ("CCO") employed by a futures commission merchant, swap dealer or major swap participant, and (iii) modify the content and submission requirements of a CCO annual report.

The Chief Compliance Officer of MoneyGram International agreed to settle fraud charges brought by FinCEN and the United States Attorney that included failures to develop and implement adequate anti-money laundering programs as required by the Bank Secrecy Act.

New SRO rule changes and proposals were announced by the SEC for the week of May 1 to May 5, 2017.

The SEC Office of Investor Education and Advocacy issued an Investor Bulletin "to advise investors about the inflation-adjusted increase in the investment limits for securities-based crowdfunding."

Supreme Court Justice Anthony M. Kennedy swore in Jay Clayton as the 32nd Chair of the SEC.