Financial industry trade associations petitioned the SEC to issue a rulemaking rescinding elements of its Cybersecurity Risk Management, Strategy, Governance and Incident Disclosure Rule.

SEC Commissioner Caroline A. Crenshaw criticized the agency’s dismissal of three lawsuits involving alleged unregistered dealers in convertible bonds.

CFTC Commissioner Christy Goldsmith Romero called for the agency to adopt greater transparency in enforcement decisions and outlined a framework for evaluating self-reporting, cooperation and remediation in enforcement matters.

CFTC Commissioner Kristin Johnson said she will leave the agency when her term expires later this year.

In a joint interpretive letter, the CFTC's Market Participants Division and Division of Market Oversight concluded that a proprietary trading firm qualifies as a non-U.S. person for the purposes of trading non-U.S. futures on a non-U.S. exchange.