FINRA urged broker-dealers to prepare for the implementation of SEC Regulation Best Interest.

A FINRA proposal to amend rules on "Restrictions on the Purchase and Sale of Initial Equity Public Offerings" and "New Issue Allocations and Distributions" was published in the Federal Register.

The Options Clearing Corporation proposed a rule change to enhance the "Vanilla Option Model" and "Smoothing Algorithm."

The SEC adopted amendments that codify an existing exemption available to credit rating agencies concerning conflict of interest disclosure obligations and the ratings of structured finance products.