SEC Director Mark Wyatt outlined the "four pillars" that support the mission of the Office of Compliance Inspections and Examinations: (1) improving compliance, (2) preventing fraud, (3) monitoring risk, and (4) informing policy.

FINRA notified member firms that the SEC approved a FINRA-proposed rule set for firms that meet the definition of "capital acquisition broker" and elect to be governed by it.

A company settled charges that it offered complex derivatives products to retail investors illegally, through mobile phone games described as "fantasy sports for stocks."

The SEC Office of Investor Education and Advocacy issued an Investor Bulletin on "microcap stock basics." The Investor Bulletin focused on how to adequately research microcap companies.

The FDIC adopted a final rule concerning the regulatory capital and liquidity treatment of certain financial contracts. The final rule was published in the Federal Register.