FINRA and Nasdaq censured a firm and fined it $675,000 for supervisory violations that led to failures to deliver on shares of several ETFs over a two-year period.

The SEC approved MSRB amendments to Rules governing membership on the MSRB Board.

The CFTC's final rule on trade options was published in the Federal Register. The rule amends the limited trade options exemption in the CFTC Regulations in order to substantially reduce and/or eliminate certain reporting and recordkeeping requirements for end users entering into trade options.

Legal academics argued that the SEC estimate that the Conflict Minerals Rule would cost the industry between $3-4 billion in the first year alone "rested on inapt and unsound economic models and empirical work."

The SEC solicited comments on a proposed de minimis interpretation of the definition of "automated quotation" under Reg. NMS.