The MSRB proposed amendments to its professional qualification requirements to expand and align the MSRB's continuing education program requirements with FINRA's recently updated standards.

SIFMA and the Structured Finance Association offered "conceptual" and "granular" comments on the Federal Reserve Board's proposed rule to implement the Adjustable Interest Rate ("LIBOR") Act.

NFA notified its members that swap dealers must electronically file required notices related to swap dealer initial margin models.

A broker-dealer settled parallel NYSE Arca and NYSE American charges for failing to "establish, document, and maintain a system of risk management controls" reasonably designed to (i) prevent the entry of erroneous orders and (ii) supervise the review of potential erroneous orders post-transaction.

SEC Acting Chief Accountant Paul Munter highlighted audit firms' responsibilities as independent gatekeepers and the need to be vigilant in protecting investors. He warned that failure to comply with independence obligations may subject firms to SEC or PCAOB enforcement actions.