The U.S. Office of Financial Research reported that the U.S. financial system faces threats stemming from global disruptions and "financial system evolution."

Several trade associations submitted comment letters responding to the FDIC's proposed rulemaking to restrict the contractual provisions of qualified financial contracts entered into by certain FDIC-supervised institutions.

SIFMA asserted that the Second Circuit Court of Appeals mischaracterized the alleged manipulation of the LIBOR index as a "per se" antitrust violation.

Recent allegations that Wells Fargo bank employees were terminated due to their reporting, or refusal to participate in the opening, of unauthorized accounts has raised concerns for other individuals who are registered with FINRA to conduct securities activities.

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 December 5 – December 9.