President-elect Donald J. Trump will nominate Jay Clayton to lead the SEC.

FINRA notified member firms that the SEC approved a proposal to permit an attorney arbitrator to be eligible for the chairperson roster, as long as that attorney fulfills certain training and arbitration requirements.

FINRA notified member firms that the SEC approved proposed amendments requiring most parties to use the FINRA Office of Dispute Resolution Party Portal to submit documents and view arbitration case information.

CFTC Chair Timothy Massad will leave the agency on January 20, 2017.

The SEC Division of Investment Management updated its guidance on mutual fund disclosure to facilitate compliance with the Department of Labor's fiduciary rule.