Senate Committee on Banking, Housing and Urban Affairs member Mike Rounds introduced six bills intended to reduce regulatory burdens for investors and small businesses.

SEC Division of Investment Management Director Dalia Blass described the principles underlying SEC initiatives to improve investor protections and the regulation of mutual fund boards.

Subject to certain conditions, the SEC Division of Corporation Finance granted exemptive relief to allow an Indian company to conduct a partial tender offer premised on its required compliance with an Indian law mandating a fixed ten working-day offer period for issuer tender offers.

SIFMA recommended a few clarifications on a draft MSRB compliance resource regarding the application of content standards to advertisements by municipal advisors. In comments submitted to MSRB, SIFMA offered additional suggestions on the proposed resource for municipal advisors. MSRB Rule G-40 comes into effect on February 7, 2019. Specifically, SIFMA expressed concern about a firm's inability to use statistics or third-party information in an advertisement unless the reader is able to access that information. SIFMA asserted that a more reasonable approach would require a dealer to provide the

The U.S. Treasury Department ("Treasury") final rule amending the Large Position Reporting rules ("LPR Rules") was published in the Federal Register. The technical amendments to the LPR Rules provide the Treasury with the flexibility to specify where and how large position reports in Treasury securities are to be filed. Under the LPR Rules, the Treasury may issue a public announcement (which is subsequently published in the Federal Register) requiring a person who controls a 10 percent or more interest in a particular Treasury security to file a large position report with the Treasury. Under