Agencies updated a FAQ document to clarify the capital treatment of certain Collateralized Debt Obligations.

Senator Elizabeth Warren argued that "our rulemaking process is broken from start to finish." Senator Warren blamed "regulatory capture – the [corporate] capture of agencies as they write the rules" – for "undue industry influence."

The FDIC, Office of the Comptroller of the Currency and Board of Governors of the Federal Reserve System jointly adopted and requested comment on interim final rules permitting certain insured depository institutions.

SEC Director of the Division of Investment Management David Grim reviewed "vital" and ongoing developments in: (i) exchange-traded funds, (ii) disclosure and reporting in the regulatory framework, (iii) private fund advisers, and (iv) fund board oversight.

Academics provided the first large-scale study that documents the economy-wide extent of misconduct among financial advisers and financial advisory firms.