The Federal Reserve Board, FDIC and Office of the Comptroller of the Currency rule release, adopting rules to reduce reporting requirements for eligible small depository institutions, was published in the Federal Register.

ISDA urged the International Accounting Standards Board to address forthcoming Interbank Offered Rate reform issues in its exposure draft on interest rate benchmark reform.

A global retailer settled DOJ and SEC charges of violating the books and records and internal accounting controls provision of the Foreign Corrupt Practices Act.

The U.S. House Committee on Financial Services heard testimony on eight bills intended to enhance the SEC and the Public Company Accounting and Oversight Board's enforcement authority.

A retail broker-dealer agreed to settle FINRA charges for filing misleading information about the amounts of alleged damages in customers' complaints.