The SEC adopted amendments to its rules of practice to (i) adjust the timing of hearings in administrative proceedings, (ii) allow for discovery depositions, (iii) clarify the rules for admitting hearsay and the assertion of affirmative defenses, and (iv) make certain other related amendments. The final amendments were published in the Federal Register.

CFTC Chair Massad and authorities in three Canadian provinces and the Northwest Territories signed counterparts to a 2014 Memorandum of Understanding on cross-border cooperation in the supervision and oversight of regulated entities.

The SEC settled charges against a bank for misleading mutual fund companies and other custody clients by applying hidden markups to foreign currency exchange trades.

The European Securities and Markets Authority provided guidance on the extension of the Alternative Investment Fund Managers Directive passport to alternative investment fund managers and alternative investment funds operating in twelve non-EU countries.

The North American Securities Administrators Association requested comments on proposed amendments to the NASAA Statement on Policy Regarding Real Estate Investment Trusts.