FINRA proposed modifying certain data collection requirements of the Regulation National Market System Plan to Implement a Tick Size Pilot Program.

FINRA notified member firms that, effective October 3, 2017, they are required to use the existing Intermarket Sweep Order trade reporting modifier when reporting trades to a FINRA facility that qualifies for the ISO exception to the Trade-at prohibition, under the plan to implement the tick size pilot program.

An IOSCO report identified common international examples of good practice applicable to Collective Investment Scheme fees and expenses.

The SEC outlined questions to consider before hiring a financial professional.

The Investment Adviser Association and National Regulatory Services reported that the investment adviser profession is growing and evolving, creating more jobs and managing assets for a greater number of clients.