SEC staff reminded broker-dealers and investment advisers of the obligation under Regulation Best Interest and the IAA fiduciary standard to act in a retail investor's best interest and disclose conflicts of interest.

The Committee on Payments and Market Infrastructures and IOSCO assessed the practices that central counterparties utilize when managing potential losses caused by non-default events, specifically in the context of recovery or orderly wind-down.

SIFMA urged the SEC to adopt e-delivery as the standard medium for delivering investor communications and disclosures.

A brokerage firm settled FINRA charges for (i) publishing equity research reports that included inaccurate historical stock information and (ii) failure to accurately disclose its beneficial ownership in stocks as to which it published research, among other securities law violations.

An investment adviser and its CIO settled SEC charges in connection with an alleged scheme to unduly stall the liquidation of assets after two hedge fund clients attempted to redeem their investments.