The CFTC simultaneously filed and settled charges against two banking institutions for "executing fictitious and noncompetitive block trades in Russian Ruble/U.S. Dollar futures contracts, which were cleared through the Chicago Mercantile Exchange."

The SEC approved a FINRA proposal to amend the Code of Arbitration Procedure by expanding the lists of potential public arbitrators in customer disputes.

The SEC requested comments on the annual list of rules to be reviewed pursuant to Section 610 of the Regulatory Flexibility Act. The request for comments was published in the Federal Register.

At the 2016 annual meeting, FINRA announced the results of its nominations proceedings for new Board Governors.

SEC Director of Enforcement Andrew Ceresney reported that a jury verdict found the City of Miami to be "a recidivist violator of the federal securities laws." The jury held Miami's former Budget Director liable on multiple counts of antifraud violations of federal securities laws.