The SEC approved a FINRA proposal to amend OATS rules to require members to identify broker-dealers who are not FINRA members but send orders to reporting FINRA members.

Representative Scott Garrett requested that the Treasury Department provide further information as to FSOC's designation process and its future intent as to the designation of insurance companies and investment advisers.

The CFTC Division of Market Oversight granted the Futures Industry Association conditional time-limited no-action relief from data reporting and data masking obligations implemented by the Ownership and Control final rule.

SIFMA President and CEO Kenneth Bentsen briefly outlined initiatives that will remain a priority for SIFMA.

U.S. Senators Elizabeth Warren (D-MA) and Sherrod Brown (D-OH) urged the Treasury Department to investigate whether, through involvement with a Panamanian law firm, U.S. companies and persons may have evaded tax obligations or facilitated money laundering and other illegal activity.