The SEC requested comment on a FINRA proposal to (i) prohibit two specific types of disruptive quoting and trading activity, and (ii) expedite proceedings in response violations.

The SEC Division of Corporation Finance provided interpretive guidance confirming that a registered broker-dealer and investment adviser's proposed procedures for offering and selling securities in initial public offerings would not involve a pre-effective sale.

.Subject to certain conditions, the SEC Division of Investment Management granted an insurance company limited authority to prepare audited financial statements, that are to be filed with Form S-1 for certain insurance contracts, in accordance with statutory accounting principles rather than in accordance with U.S. GAAP.

The CFTC Division of Market Oversight and Division of Clearing and Risk extended previously issued time-limited, no-action relief from clearing and trade execution requirements for certain inter-affiliate transactions.

The NFA Executive Committee increased the minimum security deposits required to be collected and maintained by Forex Dealer Members.