The Board of Governors of the Federal Reserve System and the Federal Open Market Committee requested public comment on an interim final rule to amend requirements for processing requests under the Freedom of Information Act.

The SEC announced that a temporary rule governing the timeframe for action on the proposed National Market System Plan Governing the Consolidated Audit Trail expired.

The SEC named Sara P. Crovitz Deputy Chief Counsel and Associate Director in the Division of Investment Management's, Chief Counsel's Office. The SEC named Timothy Husson Associate Director in the Division's Risk and Examinations Office.

The SEC Office of Credit Ratings found, among other things, that nationally recognized statistical rating organizations continue to demonstrate improvements in compliance amid greater competition.

The SEC charged a former official of a public pension fund and two brokers with orchestrating a scheme to steer billions in investments to certain firms in exchange for improper personal benefits.