Angel Oak Capital Partners, LLC agreed to pay $3.6 million to settle SEC charges alleging that the company violated requirements of the Exchange Act by operating as an unregistered broker-dealer.

The SEC and the North American Securities Administrators Association entered into a memorandum of understanding to ensure that recently adopted exemptions to intrastate crowdfunding and regional offering requirements are "facilitating access to capital for small business."

The NFA appointed Carol Wooding Vice President and General Secretary.

FINRA notified member firms that the SEC approved FINRA rule amendments requiring the disclosure of markups on certain transactions in corporate debt or agency securities with retail customers.

The U.S. Court of Appeals for the District of Columbia vacated an original October 11, 2016 Opinion that found the structure of the Consumer Financial Protection Bureau to be unconstitutional.