FINRA notified broker-dealers of the due dates on filing requests for extensions of time to satisfy margin deficiencies prior to and after the 2023 holidays (when the exchanges or banks are closed).
The SEC adopted rule and form amendments to require certain financial documents to be filed electronically through the EDGAR and Investment Adviser Registration Depository systems.
The SEC reopened the comment periods for proposals to (i) expand the scope of Regulation ATS and (ii) expand regulation of private fund advisers. As outlined in a notice in the Federal Register, comments for both proposals are now due by June 13, 2022.
SEC Chair Gary Gensler and CFTC Chair Rostin Behnam highlighted U.S. regulatory initiatives in "new era" for derivatives.
The Managed Funds Association raised substantive concerns on an SEC proposed rule for short sale reporting by issuers and institutional investment managers.