FINRA fined eight firms for failing to supervise adequately the sales of variable annuities, and other sales practice violations.

The SEC appointed Marc A. Panucci, Deputy Chief Accountant in the Office of the Chief Accountant.

The CFTC Market Risk Advisory Committee will hold a public meeting to examine (i) final recommendations from the CCP Risk Management Subcommittee on how central counterparties can enhance their efforts to prepare for the default of a significant clearing member, and (ii) the Bank of England's coordinated central counterparty default fire drill.

University of Houston Finance Professor Craig Pirrong described the "horror story" of systemic clearing mandates, and explained why he remains skeptical that regulators will "take heed of the lessons of Brexit."

The FDIC requested comments on a proposal that would amend the Code of Federal Regulations to conform Office of Thrift Supervision powers, duties and functions to legislative requirements under the Dodd Frank Act.