The Board of the International Organization of Securities Commissions ("IOSCO") issued a statement stressing the importance of implementing new accounting standards related to revenue, financial instruments, and leases.

The Financial Crimes Enforcement Network assessed a $500,000 civil money penalty against New York-based credit union for violations of anti-money laundering regulations.

SEC Chair Mary Jo White responded to the Senate Banking Committee's letter cautioning federal agencies to postpone the finalization of pending rules during the last days of the departing administration.

FINRA proposed amendments to its rules that would clarify the definitions of "Auction Transaction" and "When-Issued Transaction" for purposes of reporting transactions in U.S. Treasury Securities to the Trade Reporting and Compliance Engine.

FINRA proposed a series of amendments that would conform its rules to the SEC-proposed amendment to shorten the standard settlement cycle for most broker-dealer transactions.