SIFMA asserted that the Second Circuit Court of Appeals mischaracterized the alleged manipulation of the LIBOR index as a "per se" antitrust violation.

Recent allegations that Wells Fargo bank employees were terminated due to their reporting, or refusal to participate in the opening, of unauthorized accounts has raised concerns for other individuals who are registered with FINRA to conduct securities activities.

New SRO rules, rule proposals and NMS plans were announced by the SEC. Click on the links to view SEC notices of exchange rule changes and proposals for the week of December 5 – December 9.

At a meeting of the SEC Investor Advisory Committee, Chair Mary Jo White urged continued support for the Disclosure Effectiveness Initiative and the implementation of the FAST Act mandates.

The Board of Governors of the Federal Reserve System approved technical amendments to a rule that identifies global systemically important bank holding companies ("GSIBs") and requires them to hold additional amounts of risk-based capital.