FINRA provided guidance to members for reporting operating lease assets and liabilities on Financial and Operational Combined Uniform Single ("FOCUS") reports.

A Panel of the Chicago Board of Trade Probable Cause Committee imposed a fine and a suspension against a trader for entering orders without the intention to execute.

In a white paper, the Depository Trust and Clearing Corporation ("DTCC") outlined guiding principles for the post-trade processing of "security tokens" ( i.e., digital assets that are considered securities) to ensure that risks are properly identified and managed. According to the DTCC, a platform that provides the post-trade processing of security tokens should: have an enforceable legal basis for "each material aspect of its activities in all relevant jurisdictions"; adopt governance arrangements to support the platform's operation; appropriately manage "legal, credit, liquidity, operational

The FDIC will rescind and remove FDIC Rules Part 350, which requires the disclosure of financial and other information by FDIC-insured state nonmember banks. The final rule will become effective on April 17, 2019. The FDIC determined that Part 350 was "outdated" and "no longer necessary."

An investment adviser and its former chief operating officer agreed to settle SEC charges for manipulating an auction of a commercial real estate asset. The proceedings concern the actions of investment advisor Talimco, LLC ("Talimco") in connection with the sale of a mortgage loan participation by one of its collateralized debt obligation clients to another of its clients, a commercial real estate investment fund (the "Fund"). According to the SEC Orders ( see here and here), Talimco owed a fiduciary duty to both the seller and buyer, and breached its duty to the seller by neglecting to "seek