The Office of the Comptroller of the Currency and the FDIC approved an interagency final rule intended to simplify the Volcker Rule.

In response to an MSRB retrospective rule review, SIFMA recommended clearing up ambiguities concerning ethical standards for financial advisors.

The FDIC proposed amending the interest rate restrictions for insured depository institutions that are less than "well capitalized."

A pharmaceutical company agreed to settle SEC charges of selectively disclosing material, nonpublic information to sell-side research analysts.

OFAC designated a Dominican Republic-based drug trafficking organization and its drug kingpin under the Foreign Narcotics Kingpin Designation Act.

The SEC Division of Corporation Finance Office of Mergers and Acquisitions granted no-action relief to an open-end management investment company from transactions that involve certain securities.

In its August disciplinary report, FINRA recapped actions against member firms and individuals for violations of FINRA rules, MSRB rules, and federal securities laws and rules.

The Volcker Rule Topic Page helps financial institutions keep current on evolving legal and regulatory issues.

The New York State Department of Financial Services approved the application of Bakkt Trust Company LLC to act as a custodian for Bitcoin.

FINRA cautioned firms doing business with municipalities to implement appropriate supervisory procedures to avoid conducting unregistered municipal advisory activities.