Senator Martin Heinrich introduced the Energy Storage Tax Incentive and Deployment Act of 2016. The proposed act would establish investment tax credits for the use of energy storage in homes and businesses.

The SEC solicited comments on a FINRA proposal to clarify the application of Rule 2210 to debt research reports as the result of approval of the new debt research conflict of interest rule. The FINRA proposal was published in the Federal Register.

The House Financial Services Committee examined capital requirements under the proposed "CHOICE" Act. The Republican-proposed legislation offers a "market-based, equity financed Dodd-Frank off-ramp."

Several international trade associations objected to the Basel Committee on Banking Supervision's proposed revisions to the Basel III leverage ratio framework.

The SEC instituted a settlement against a firm that provided the SEC with incomplete "blue sheet" information about executed trades.