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Karen Woody Commentary by Karen Woody

SEC Acting Chair Michael S. Piwowar directed Commission staff to reconsider the appropriateness of the 2014 guidance on the SEC Conflict Minerals Rule in light of (i) the expiration of the temporary transition period provided for in the Rule, and (ii) ongoing litigation concerning a Court of Appeals' determination that portions of the rule violated the First Amendment.

Steven Lofchie Commentary by Steven Lofchie

The CFTC Division of Swap Dealer and Intermediary Oversight granted certain CPOs exemptive relief from requirements to obtain participant waivers. The relief allows the CPOs to provide unaudited financial statements in conjunction with Annual Reports when liquidating a series of an SEC-registered investment company.