FINRA fined a broker-dealer $125,000, issued a censure, and required payment of all back-owed regulatory transaction fees after the firm failed to report nearly 900,000 trades over several years.

The SEC and the CFTC jointly proposed amendments to reporting Form PF for private fund advisers that would significantly reduce reporting obligations, raise filing and reporting thresholds, and eliminate a number of specific reporting requirements.

SEC Commissioners described an options market that has experienced enormous growth and increased retail participation since the last time the agency considered structural concerns.

SIFMA expressed support for the SEC undertaking a comprehensive review of the Consolidated Audit Trail.

SEC Commissioner Hester M. Peirce welcomed the SEC's issuance of a concept release to review the Consolidated Audit Trail, but urged the Commission to go beyond cost and efficiency questions and confront deeper concerns over "liberty and privacy."