The SEC and FINRA settled charges that a financial services firm failed to adequately disclose certain regularly occurring fees and commissions in the offering materials the firm provided to retail investors.

In an Investor Bulletin, the SEC reviewed Form ADV requirements for Investment Adviser Brochures and Brochure Supplements.

The CFTC Division of Clearing and Risk granted (i) no-action relief to the Chicago Mercantile Exchange, Inc. ("CME") from the requirement that it obtain a "template acknowledgement letter" from the Bank of Canada for customer accounts; and (ii) exemptive relief to permit CME to hold customer funds at the Bank of Canada.

The CFTC requested comment on 34 submissions concerning mandatory clearing received over several years from seven registered derivatives clearing organizations.

The Office of the Comptroller of the Currency named Beverly F. Cole Deputy Comptroller for Compliance Supervision.