The Office of the Comptroller of the Currency issued a Bulletin to remind industry members that the comment period for the proposed rule change to shorten the standard settlement cycle (from T+3 to T+2) for securities sold and purchased by banks ends on October 11, 2017.

The SEC approved proposed FINRA amendments to (i) consolidate registration rules, (ii) restructure representative-level qualification exams, and (iii) change Continuing Education requirements.

Acting Comptroller of the Currency Keith A. Noreika described risks faced by national banks and federal savings associations and suggested possible regulatory reforms.

The Board of Governors of the Federal Reserve System extended the comment deadline for two proposals that would change the ratings system for large financial institutions.