FDIC Chair Jelena McWilliams described the need for a new framework for regulating brokered deposits.

A broker-dealer and a registered representative settled FINRA charges for failing to establish and enforce procedures to record and review phone calls between the firm and existing or potential customers.

The CFTC reopened the comment period on proposed swap dealer capital rules and approved a proposal that would implement an alternative compliance framework for the inter-affiliate swaps clearing exemption.

A Chicago-based property-casualty insurer and a Swiss insurance company settled separate potential liabilities with OFAC for violating Cuban Assets Control Regulations.