The SEC approved and declared effective an amended application by the Investor Exchange LLC to register as a national securities exchange. The SEC's Notice of Approval was published in the Federal Register.

FINRA proposed amending the Codes of Arbitration Procedures for Customer and Industry Disputes in order to provide that arbitrators may act upon a motion to dismiss a party or claim prior to the conclusion of a party's case, subject to certain conditions.

The SEC solicited comments on its proposed amendments to disclosure requirements that "may have become redundant, duplicative, overlapping, outdated, or superseded, in light of other [SEC and U.S. GAAP and International Reporting Standards] disclosure requirements." The request for comments was published in the Federal Register.

The Board of Governors of the Federal Reserve System ordered a firm to (i) pay a $36.3 million civil money penalty for its unauthorized use and disclosure of confidential supervisory information; and (ii) implement a program to ensure the proper use of such information.

FINRA fined a bank $1.3 million for Order Audit Trail System reporting violations and related supervisory failures.