The SEC named David H. Saltiel, Associate Director of the Office of Analytics and Research in the Division of Trading and Markets.

The Board of Governors of the Investment Company Institute elected William F. "Ted" Truscott to serve as Chair for a one-year term. The Board also elected a "slate of Governors" that includes four new ICI Board members.

The Government Accountability Office recommended that the SEC establish a formal entity to facilitate coordination and compliance with internal supervisory control requirements of the Dodd-Frank Act.

The Consumer Financial Protection Bureau adopted a final rule to enhance consumer protections for prepaid accounts.

The Office of the Comptroller of the Currency issued guidance on best practices for banks conducting periodic risk evaluations of foreign correspondent accounts.