The SEC issued an order granting a conditional exemption to a credit rating agency registered as a nationally recognized statistical rating organization from being required to file class certifications from Qualified Institutional Buyers.

The NFA announced that starting with its election of Board of Directors members in 2017, NFA will replace current paper ballots with an electronic voting system.

The Financial Crimes Enforcement Network requested comments on a proposal to make anti-money laundering, customer identification program and beneficial ownership rules applicable to all banks.

FINRA reminded member firms that, as of September 12, 2016, they will be subject to annual testing requirements and connectivity fees if they elect to use the Alternative Display Facility for trade reporting purposes.

The SEC brought enforcement actions against 71 municipal issuers and other obligated persons for municipal bond offering violations. The actions are part of the SEC's Municipalities Continuing Disclosure Cooperation Initiative, which is "a voluntary self-reporting program targeting material misstatements and omissions in municipal bond offering documents."