Eighteen former officials of the Treasury Department urged the Treasury Secretary to reconsider the imposition of temporary and proposed anti-inversion regulations. Instead, they recommended lowering tax rates and establishing a "territorial system."
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The Financial Stability Oversight Council updated its report on potential risks to financial stability that may arise from certain asset management products and activities.
FINRA reminded firms of their obligation to supervise sales of pension income stream products by their associated persons.
The CFTC added the names of 23 unregistered foreign entities to the Registration Deficient List.
The Investment Company Institute published data on the total assets in closed-end funds in 2015, the investors in such funds, the use of leverage by such funds and other related information.