The Department of Labor proposed a 60-day delay of the applicability date of the Fiduciary Duty Rule.

Financial Services Committee Chair Jeb Hensarling circulated a "Views and Estimates" document for markup. Once adopted, the document will be transmitted to the Budget Committee "to be set forth in the concurrent resolution on the budget for fiscal year 2018."

ISDA CEO Scott O'Malia recognized regulators for "well-coordinated action" that provides greater "flexibility to derivatives users in their attempts to meet a March 1 deadline for posting variation margin on their non-cleared derivatives trades."

The New York Department of Financial Services adopted the final version of its cybersecurity rules.

MSRB named Mark T. Kim as its Deputy Executive Director and Chief Operating Officer. Lakshmi Kommi was appointed the new public representative on the MSRB Board of Directors.