The House of Representatives passed legislation to replace the Dodd-Frank Act mandate that bank holding companies with over $50 billion in assets are automatically subject to enhanced supervision.

The SEC Division of Corporation Finance waived the disqualification of an investment management firm under the "bad actor" provisions of Rule 506(d) of Regulation D of the Securities Act.

Representative Jeb Hensarling (R-TX) was elected to a third term as Chair of the Financial Services Committee.

New SRO rules, rule proposals and NMS plans were announced by the SEC. Click on the links below to view SEC notices of exchange rule changes and proposals for the week of November 28 – December 2.

Chief Economist and Division of Economic and Risk Analysis Director Mark J. Flannery will leave the agency by the end of the year.