The SEC approved an MSRB proposal to require the underwriters of (i) college savings plans, and (ii) Achieving a Better Life Experience ("ABLE") programs to report additional data on transactions fees.
Morgan Stanley Smith Barney, LLC agreed to pay an $8 million penalty to settle SEC charges alleging that the firm, which was dually registered as an investment advisor and broker-dealer, had failed to implement written compliance policies and procedures.
The NFA reminded Commodity Pool Operator and Commodity Trading Advisor members that an amendment to NFA Compliance Rule 2-46 that imposes a $200 late fee for each business day after which the Member files its quarterly NFA Form PQR or PR after the due date is now in effect.
The SEC solicited comment on proposed FINRA amendments that would reduce a number of the regulatory burdens associated with retail communications. The request for comments was published in the Federal Register.
The CFTC Division of Swap Dealer and Intermediary Oversight granted relief to several commodity pool operators from the annual report filing requirement, and from the requirement that such reports contain an audited annual financial statement.
The CFTC Division of Swap Dealer and Intermediary Oversight granted relief to several commodity pool operators from the annual report filing requirement and the requirement that such reports contain audited annual financial statements.
The MSRB's proposed rule change to MSRB Rule G-45 ("Reporting of Information on Municipal Fund Securities") was published in the Federal Register. The proposed rule change would delay by 60 days (until October 28, 2015) the required initial submission date pursuant to Rule G-45. The first...
SIFMA submitted comments to the MSRB regarding the delayed compliance date for the first Form G-45 filings that are required under MSRB Rule G-45 ("Reporting of Information on Municipal Fund Securities"). SIFMA advised the MSRB to focus on the quality of the filing system itself as opposed to the...
The SEC approved on an accelerated basis the new MSRB Rule G-45 ("Reporting of Information on Municipal Fund Securities") in order to collect comprehensive data from the underwriters of 529 college savings plans, as well as amendments to MSRB Rules G-8 ("Books and Records to Be Made by Brokers,...
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