The FINRA Investor Education Foundation announced a new prize program to recognize outstanding service and research to advance investor protection and financial capability. The prize is named for Richard Ketchum, who recently retired as Chair and CEO of FINRA and Chair of the FINRA Foundation.

FINRA proposed a rule change to extend the Tier Size Pilot for OTC equity securities until June 9, 2017. The pilot is currently set to expire December 9, 2016.

The Board of Governors of the Federal Reserve System issued a final rule to implement provisions of the Fixing America's Surface Transportation Act that govern the issuance and cancellation of capital stock.

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 21 – November 25.

The SEC adopted a national market system plan for the consolidated audit trail, a comprehensive database for all trading activity in the U.S. equity and options markets.