FINRA suspended an Investment Company and Variable Contracts Products Representative for borrowing money from two senior customers without firm approval.

A firm settled FINRA charges for failing to establish and maintain a system of risk management controls to prevent the entry of erroneous orders for its "low touch" and "high touch" order flows.

The American Bankers Association offered recommendations to strengthen a proposed rulemaking by the OCC and FDIC to define "unsafe or unsound practices" and revise the supervisory framework for "Matters Requiring Attention."

The SEC requested comment to determine whether to approve or disapprove a proposed rule change by an exchange to list and trade shares of two new highly leveraged exchange-traded funds.

The Nasdaq Stock Market LLC proposed a rule change to grant it discretion to deny initial listings to companies deemed susceptible to market manipulation.