Federal Reserve Bank of New York President and CEO William C. Dudley opined that in recent years, the financial services industry has suffered from "deep-seated cultural and ethical problems."

The Committee on Payments and Market Infrastructures and IOSCO requested comments on a consultative report that concerns the development of definitions and guidance for data elements to be used in reporting over-the-counter derivatives transactions.

FINRA urged member firms to vote to fill vacant FINRA District Committee seats that correspond to their districts.

The MSRB Board of Directors will discuss corporate and governance issues at an upcoming meeting scheduled for October 26-27, 2016.

An Israel-based bank agreed to pay $1.6 million to settle SEC charges that it provided investment advice and executed securities transactions for U.S. customers without registering as an investment adviser or broker-dealer.