FINRA charged an independent order-execution and clearing firm, and its CEO, with aiding and abetting manipulative trading.

SEC Acting Chair Michael Piwowar encouraged the undertaking of a "Special Study" of the securities markets by the Columbia Law School Capital Markets Program. The Study will offer recommendations for financial market regulatory reform.

North American Securities Administrators Association President Mike Rothman testified before the House Committee on Financial Services on the impact of the JOBS Act on U.S. capital markets.

FDIC Chair Martin Gruenberg addressed key challenges financial institutions face carrying out compliance programs related to money laundering and terrorist financing.

The FDIC and the Federal Reserve Board completed resolution plan evaluations for sixteen domestic banks, and issued guidance to four foreign banks.