A non-U.S. swap dealer settled charges with the CFTC for failing to (i) timely report a large number of foreign exchange swap, foreign exchange forward, and non-deliverable forward transactions to a swap data repository ("SDR"), and (ii) properly report non-deliverable forward transactions to an SDR.

A San Francisco-based firm settled charges with the SEC for violating federal securities laws by failing to register security-based swaps that were offered and sold online to shareholders in pre-IPO companies. In a separate no-action letter, the SEC granted a "bad actor" disqualification waiver to the firm.

A San Francisco-based IT specialist settled insider trading charges with the SEC for hacking senior executives at the online travel company Expedia. The IT specialist allegedly traded on non-public information in advance of nine company news announcements from 2013 to 2016.

Federal Reserve Bank of New York President and CEO William C. Dudley discussed post-crisis efforts to bolster the safety of the financial system.

SEC Director of the Division of Corporation Finance Keith Higgins will leave the SEC in early January.