Ten investment advisory firms agreed to pay penalties ranging from $35,000 to $100,000 to settle SEC charges alleging violations of "pay-to-play" rules.

CNCGC Hong Kong Ltd., an investment and trading company, agreed to pay a $150,000 civil monetary penalty to settle CFTC charges alleging violations of "Cotton on-Call" reporting requirements.

New SRO rules, rule proposals and NMS plans were announced by the SEC. Click on the links to view SEC notices of exchange rule changes and proposals for the week of January 9 – January 13.

By a vote of 243-184, the House of Representatives approved the SEC Regulatory Accountability Act. The Act would require the SEC to conduct cost-benefit analyses for regulations and orders.

Broker ITG Inc. agreed to pay $24.4 million to settle SEC charges alleging that it had prompted the issuance of American Depository Receipts without first obtaining the underlying foreign shares.