FINRA reminded member firms of the upcoming candidate nominations and elections process to fill seats on the District Committees and the Small Firm Advisory Board.

The CFTC initiated a civil enforcement action against an employee at a proprietary trading financial services firm for making false reports.

The Hong Kong Securities and Futures Commission granted CME Group authorization to provide OTC clearing and settlement services and to serve as a central counterparty in the territory. CME also obtained full recognition as a foreign central counterparty in Mexico.

The SIFMA Asset Management Group and the Investment Adviser Association urged the SEC to adopt guidance rather than a proposed new rule on business continuity and transition plans.

The MFA and the Alternative Investment Management Association asserted that the SEC proposed rule on business continuity and transition plans for investment advisers is "unnecessary," since "existing SEC guidance has already caused most investment advisers to implement business continuity plans."