ISDA CEO Scott O'Malia encouraged U.S. European regulators to focus on "high-level aims" in developing bank capital requirements.

The SEC Office of Investor Education and Advocacy informed investors about features and potential risks of alternative mutual funds that hold non-traditional investments or use complex investment and trading strategies.

The Office of the Comptroller of the Currency and the Board of Governors of the Federal Reserve System released supervisory stress test scenarios for the upcoming stress tests for covered institutions with more than $10 billion in assets.

The Royal Bank of Scotland plc agreed to pay an $85 million penalty to settle charges of attempted manipulation of the U.S. Dollar ISDA Fix, a financial benchmark referenced in a range of interest rate products.

The SEC charged Sentinel Growth Fund Management and founder Mark J. Varacchi with allegedly misappropriating at least $3.95 million of investor assets.