Automobile manufacturer General Motors agreed to pay a $1 million penalty to settle SEC charges of deficient internal accounting controls.

The CFTC requested comments on a proposal to modernize certain recordkeeping obligations.

The SEC charged Thomas M. Henderson and his company with misusing funds raised from investors to benefit Henderson's business ventures.

Global pharmaceutical company Allergan, Inc. agreed to pay a $15 million penalty to settle SEC charges alleging that the company violated merger and acquisition tender offer disclosure requirements.

CFTC Commissioner J. Christopher Giancarlo set forth his regulatory priorities for the Commission. Outgoing CFTC Chair Timothy Massad listed regulatory accomplishments during his tenure and urged future regulators not to "dismantle the framework."