FINRA proposed rules changes that would (i) shut down the OTC Bulletin Board Service, (ii) delete all related rules, and (iii) establish new requirements for alternative systems run by individual broker-dealers that disseminate identified broker-dealer quotations in OTC Equity Securities.
FINRA proposed amendments to the Code of Arbitration Procedure for Customer Disputes and the Code of Arbitration Procedure for Industry Disputes to modify the process for expunging customer dispute information.
SEC Director of the Division of Enforcement Stephanie Avakian highlighted efforts "to combat wrongdoing, compensate harmed investors, and maintain confidence in the integrity and fairness of our markets."
The FTC proposed amendments to the Hart-Scott-Rodino rules that affect financial investors, and requested comment on aspects of the mergers and acquisitions framework in anticipation of other possible rule changes.
A CFTC proposal that would amend the uncleared swap margin requirements for which there is no prudential regulator and codify prior no-action relief related to the application of rules on minimum transfer amounts was published in the Federal Register.