The SEC requested comments on the annual list of rules to be reviewed pursuant to Section 610 of the Regulatory Flexibility Act. The request for comments was published in the Federal Register.

At the 2016 annual meeting, FINRA announced the results of its nominations proceedings for new Board Governors.

SEC Director of Enforcement Andrew Ceresney reported that a jury verdict found the City of Miami to be "a recidivist violator of the federal securities laws." The jury held Miami's former Budget Director liable on multiple counts of antifraud violations of federal securities laws.

The SEC settled charges concerning two partners of a public accounting firm who "got too close to their clients on a personal level and violated rules that ensure firms maintain their objectivity and impartiality during audits."

The CFTC approved two final rules to enhance requirements for system safeguards testing by a derivatives clearing organization. The final rules were published in the Federal Register.