The SEC Division of Investment Management extended no-action relief regarding performance audit compliance under the Custody Rule of the Investment Advisers Act.

Representatives from U.S. derivative clearing organizations, their clearing members, and certain customers participated in a CFTC public roundtable to examine recent CPMI-IOSCO guidance on central counterparty resilience and recovery.

The SEC requested comments on a FINRA proposal to amend the Tick Size Pilot in order to modify the conditions to the block-size exceptions making use of Intermarket Sweep Orders and Trade-at Intermarket Sweep Orders for the test group of pilot securities subject to the "Trade-at" requirement.

The CFTC and the UK Financial Conduct Authority signed a Memorandum of Understanding addressing cooperation and supervision over certain regulated firms that operate on a cross-border basis in the United States and the United Kingdom.

The Federal Trade Commission Premerger Notification Office has revised its position with respect to applying the size of transaction test in the leveraged buyout ("LBO") context by establishing that "new debt used to finance an LBO transaction, whether taken on by the buyer or the target, is to be included in the size of transaction."