Commentary by Steven Lofchie
In a targeted examination, FINRA is seeking information on the practices of firms that charge zero commission on client trades and "the impact that not charging commissions has or will have on the Firm’s order routing."
FinCEN named Michael Mosier as the agency's first Digital Innovation Officer.
The SEC updated its materials for security-based swap dealer registration, including a questionnaire for non-U.S. security-based swap dealers filing a substituted compliance application.
The Business Conduct Committee of the Chicago Board of Trade banned a trader for violating rules prohibiting wash trades and committing other trade-related offenses.
The CFTC proposed amendments to rules governing "swap data reporting, dissemination, and public reporting requirements."