Steven T. Mnuchin was confirmed as the 77th Secretary of the Treasury.

University of Houston Finance Professor Craig Pirrong asserted that Deutsche Bank's exit from U.S. swaps clearing due to capital cost concerns is symptomatic of "how major portions of Dodd-Frank and the regulations emanating from it need a thorough review and in some cases a major overhaul."

The CFTC Division of Swap Dealer and Intermediary Oversight granted time-limited no-action relief from variation margin requirements for swaps that are subject to a March 1, 2017 compliance date.

Sidoti & Company, LLC agreed to pay a $100,000 penalty to settle SEC charges alleging that the brokerage firm had failed to implement adequate policies and procedures to prevent the misuse of material nonpublic information.

Risk Desk Editor John Sodergreen examined the evolution of the financial technology industry in light of Acting Chair J. Christopher Giancarlo's stated intention to "embrace Fintech to a level not seen before at the agency."