The SEC approved Public Company Accounting Oversight Board proposals on (i) general auditor standards, (ii) the use of technology assisted analysis in audit procedures, and (iii) the standard to be used for assessing contributory liability of associated persons.

An investment adviser settled SEC charges for violating the "pay-to-play rule" which prohibits campaign contributions by investment advisers to government officials "who are in a position to influence the hiring of investment advisers to manage government client assets."

A Brazilian sugar company and its Swiss trading subsidiary settled CFTC charges for wash sales violations and "executing noncompetitive trades."

A firm settled SEC charges for operating as an unregistered securities dealer in the acquisition and sale of billions of shares of convertible notes from at least 23 issuers.

A federal District Court dismissed a lawsuit by paid subscribers against a financial news website; the subscribers had alleged that the website acted illegally as an unregistered investment adviser.