A brokerage firm agreed to settle charges that it made misleading statements about its broker compensation. The firm falsely stated that its advisors were compensated based on client performance and that: "no one is paid on commission". The firm made this statement on its private banking website.

The MSRB solicited comments on proposed draft amendments to MSRB Rule G-12 ("Uniform Practice"). The amendments would update the close-out procedures provided under Rule G-12(h), and require specifically that municipal securities transactions be closed out no later than 30 calendar days after the settlement date.

FINRA proposed that the expiration date for FINRA Rule 0180 ("Application of Rules to Security-Based Swaps") be extended to February 11, 2017. FINRA Rule 0180 temporarily limits, with certain exceptions, the application of FINRA rules with respect to security-based swaps.

The Consumer Financial Protection Bureau ("CFPB") issued a Report summarizing its activities from October 1, 2014 - September 30, 2015, the Bureau's 2015 fiscal year. The Report was issued pursuant to Dodd-Frank Section 1017(e)(4) ("Funding; Penalties and Fines").

The NFA provided guidance to forex dealer members ("FDM's") on how best to establish, maintain and enforce a risk management program designed to monitor and manage risks associated with forex activities. The guidance relates to amendments to NFA Compliance Rule 2-36 ("Requirements for Forex Transactions") which was approved by the NFA Board of Directors in May 2015, and became effective on January 4, 2016.