An oil-and-gas company agreed to pay a $1.4 million penalty to settle SEC charges alleging that the company employed illegal separation agreements and retaliated against a whistleblower.

University of Houston Finance Professor Craig Pirrong argued that regulatory efforts to make central counterparties more resilient might help to mitigate credit risk, but they also exacerbate liquidity risk, which in turn creates the "recipe for a broader market crisis."

The CFTC Division of Market Oversight granted time-limited no-action relief to certain entities submitting swaps for clearing, and DCOs and reporting entities from certain swap reporting obligations, as detailed in CFTC Staff Letters.

A broker-dealer agreed to pay $7.5 million to settle charges with the SEC for violating customer protection rules.

The Financial Crimes Enforcement Network extended the due date for certain individuals to file a Report of Foreign Bank and Financial Accounts.