FRB Governor Jerome H. Powell advocated for housing finance reform and noted that the current system is "unsustainable."

IOSCO released recommendations and examples of good practices in liquidity risk management for collective investment schemes.

University of Houston Finance Professor Craig Pirrong detailed several "fundamental flaws" in the Dodd-Frank Act and its adverse effects on financial markets.

The FRB appointed Mark E. Van Der Weide as General Counsel.

The NFA reminded member firms of financial reporting rule changes that became effective as of June 30, 2017.