The Financial Stability Board proposed policy recommendations that address potential structural vulnerabilities caused by asset management activities.

Four House Agriculture Committee members expressed concern over the CFTC proposal to allow private lawsuits regarding transactions in wholesale electricity markets regulated by the Federal Energy Regulatory Commission.

The SEC settled charges against a broker-dealer for (i) using cash that should have been deposited in a special reserve account to fund its own business activities, and (ii) allowing several of its clearing banks to hold liens over tens of billions of dollars in securities that should not have been subject to liens by any third party.

The FDIC Board of Directors proposed amending banking regulations related to permissible investment activities and the pledging of assets. The proposal would remove from the regulations references to external credit ratings and replace them with appropriate standards of creditworthiness.

In connection with its approval of the Investors' Exchange LLC's application to be recognized as a national securities exchange, the SEC finalized its interpretation of the definition of "automated quotation" under Regulation NMS. The final interpretation was published in the Federal Register.