The Board of Directors of the NFA elected Michael C. Dawley to serve a one-year term as Chair. Mr. Dawley is Managing Director at Goldman Sachs & Co.

Chair Mary Jo White reviewed SEC progress on a number of prominent initiatives relating to (i) asset management, (ii) equity markets structure, and (iii) SEC disclosure regimes.

The SEC granted FINRA and other national securities exchanges a limited exemption from certain data collection requirements related to the Tick Size Pilot Plan.

In the January 2016 Quarterly Disciplinary Review podcast, FINRA highlighted various types of misconduct.

The Board of Governors of the Federal Reserve System requested comments on an interim final rule that would amend FAST Act provisions governing the issuance and cancellation of capital stock by Reserve Banks.