The U.S. District Court for the Northern District of Illinois entered a consent order against Navinder Singh Sarao that requires him to pay a civil monetary penalty and disgorgement.

The Financial Stability Oversight Council heard updates on the work of the Alternative Reference Rates Committee and a Council review of asset management products and activities.

House Republican leaders "cautioned" all federal executive and independent agencies against "finalizing pending rules or regulations in the Administration's last days."

FINRA fined a financial firm $1.575 million and ordered it to pay customers an additional $1.85 million for reporting and related supervisory failures.

The new MSRB data product to provide institutions of higher education with post-trade municipal securities transaction data collected through the Real-Time Transaction Reporting System will be made available for purchase effective February 27, 2017.