The SEC requested that the U.S. Court of Appeals for the Sixth Circuit dismiss a petition for review of amendments to MSRB Rule G-37, which would extend a rule regarding political contributions to municipal advisors.

Senators Sherrod Brown (D-OH) and Jeff Merkley (D-OR) urged the heads of numerous federal regulatory agencies to provide insight about the tools they utilize to ensure effective oversight over financial technology firms.

The Democratic and Republican Parties outlined their positions on financial regulations in their 2016 platforms.

An upcoming SEC Equity Market Structure Advisory Committee meeting will focus on recommendations related to market quality and other market structure issues.

A federal district court entered an Order of Final Judgment by Default that requires two web-based binary options firms to jointly and severally pay a $3 million civil monetary penalty and $1,587,731 in restitution to their defrauded customers.