The SEC settled charges with a building products distributor for requiring outgoing employees to sign severance agreements that forced them to waive rights to any monetary recovery should they file charges or complaints against the distributor with the SEC or other federal agencies.

The SEC named Kristin Snyder Co-National Associate Director of the Investment Adviser / Investment Company examination program in the Office of Compliance Inspections and Examinations.

FINRA published guidance for retail investors on different order types and their relative risks and advantages.

FINRA requested comments on proposed amendments to its rules concerning gifts, gratuities and non-cash compensation.

FINRA reminded member firms of their obligation to input accurately the "time of execution" for transactions in their Trade Reporting and Compliance Engine reports.