FINRA's proposal to amend the instructions for the Derivatives and Other Off-Balance Sheet Items Schedule ("OBS") pursuant to FINRA Rule 4524 ("Supplemental FOCUS Information") was published for comment in the Federal Register.

The NFA provided guidance to forex dealer members ("FDM's") on how best to establish, maintain and enforce a risk management program designed to monitor and manage risks associated with forex activities. The guidance relates to amendments to NFA Compliance Rule 2-36 ("Requirements for Forex Transactions") which was approved by the NFA Board of Directors in May 2015, and became effective on January 4, 2016.

The NFA revised the procedure requiring swap dealers ("SD") and major swap participants ("MSP" ) to demonstrate an ability to comply with applicable CFTC regulations.

A brokerage firm agreed to settle charges that it made misleading statements about its broker compensation. The firm falsely stated that its advisors were compensated based on client performance and that: "no one is paid on commission". The firm made this statement on its private banking website.

The MSRB solicited comments on proposed draft amendments to MSRB Rule G-12 ("Uniform Practice"). The amendments would update the close-out procedures provided under Rule G-12(h), and require specifically that municipal securities transactions be closed out no later than 30 calendar days after the settlement date.