The Office of the Comptroller of the Currency ("OCC") examined risks facing national banks and federal savings associations. In its Semiannual Risk Perspective for Fall 2016, the OCC concluded that high compliance risk continues for these institutions.

The SEC awarded more than $5.5 million to a whistleblower who helped the SEC "uncover an ongoing scheme" by providing "critical information."

The MSRB requested comment on draft amendments to establish uniform customer account transfer standards for brokers, dealers, municipal securities brokers and municipal securities dealers.

SEC Chair Mary Jo White called on the next Chair of the Commission to prioritize the development of "high-quality, globally accepted accounting standards."

U.S. District Court for the Southern District of New York Judge Victor Marrero granted a Consent Order to the CFTC requiring former MF Global CEO Jon S. Corzine to pay a $5 million civil monetary penalty for allegedly misusing customer funds.