A broker-dealer settled FINRA charges for failing to accurately report over-the-counter options positions to the Large Options Position Reporting system and for related supervisory violations.

The SEC approved Public Company Accounting Oversight Board amendments to its auditing standards aimed at providing clearer responsibility for a lead auditor when multiple audit firms are involved.

The SEC named Lori H. Price as Director of the Office of Credit Ratings.

The CFPB warned that financial institutions and their service providers can be held liable for maintaining insufficient data protection or information security.

Comments on an SEC re-proposal to narrow the scope of a broker-dealer exemption from FINRA membership are due by September 27,2022.