The SEC awarded approximately $3.5 million to a whistleblower for coming forward with information that led to an SEC enforcement action.

FINRA fined a financial institution for anti-money laundering and supervision violations.

The House of Representatives passed legislation to replace the Dodd-Frank Act mandate that bank holding companies with over $50 billion in assets are automatically subject to enhanced supervision.

The SEC Division of Corporation Finance waived the disqualification of an investment management firm under the "bad actor" provisions of Rule 506(d) of Regulation D of the Securities Act.

Representative Jeb Hensarling (R-TX) was elected to a third term as Chair of the Financial Services Committee.