The FDIC outlined important steps for banks to take to prepare for the forthcoming change to the standard settlement cycle. The new cycle is slated to become effective on September 5, 2017.

The Senate Agriculture Committee met to consider the nominations of Republicans Brian D. Quintenz and Dawn DeBerry Stump, and Democrat Rostin Behnam, to serve as CFTC Commissioners.

Halliburton Company agreed to pay financial penalties to settle an SEC case alleging violations of the Foreign Corrupt Practices Act.

Chief Executive of the UK Financial Conduct Authority Andrew Bailey unveiled a plan to phase out the London Interbank Offered Rate by the end of 2021.

The SEC awarded more than $1.7 million to a whistleblower for reporting "critical information to help stop a fraud that would have otherwise been difficult to detect."