The SEC approved a FINRA proposal that amends the TRACE protocols to (i) require the dissemination of transactions in collateralized mortgage obligations ("CMOs"), and (ii) shorten the trade-reporting timeline for CMO transactions from end-of-day to within 60 minutes of execution.

The SEC extended the comment period for proposed amendments to disclosure requirements that "may have become redundant, duplicative, overlapping, outdated, or superseded, in light of other [SEC and U.S. GAAP and International Reporting Standards] disclosure requirements."

The CFTC voted to require certain interest rate swaps that are denominated in specific currencies to be subject to clearance.

The SEC voted to adopt final rules to establish enhanced standards for the operation and governance of securities clearing agencies that are deemed systemically important or are involved in complex transactions.

The SEC proposed an amendment that would shorten the standard settlement cycle for most broker-dealer securities transactions from three to two business days after the trade date.