The CFTC approved proposed rules establishing minimum capital, liquidity, financial reporting and other related requirements applicable to CFTC-registered swap dealers and major swap participants.

FINRA notified member firms that the SEC approved its proposal to increase the number of arbitrators on the public arbitrator list.

The SEC Advisory Committee on Small and Emerging Companies will consider recommendations regarding corporate board diversity and small business capital raising.

In an amicus curiae brief, the SEC asserted that national securities exchanges have absolute immunity from a private securities fraud class action suit only when they "act as regulators of their members" and not as service providers.

The MSRB provided guidance to investment advisers on the application of certain investor/customer protections. The new guidance relates to transactions for managed accounts in which a registered investment adviser is exercising discretion to buy and sell municipal securities on behalf of the account holder.