FINRA fined a financial firm $1.575 million and ordered it to pay customers an additional $1.85 million for reporting and related supervisory failures.

The new MSRB data product to provide institutions of higher education with post-trade municipal securities transaction data collected through the Real-Time Transaction Reporting System will be made available for purchase effective February 27, 2017.

The SEC approved a FINRA proposal to amend the Codes of Arbitration Procedures for Customer and Industry Disputes. The final amendments were published in the Federal Register.

SEC Chair Mary Jo White outlined priorities for the coming year, provided updates on numerous SEC regulatory initiatives and asked the House Financial Services Committee to approve a $2.27 billion budget request for the SEC in FY 2018.

The CFTC obtained a Consent Order by a federal court against a New Zealand forex broker and two of its agents for off-exchange margined retail forex trading worldwide and in the United States without being registered with the CFTC.