The SEC solicited comment on proposed FINRA amendments that would reduce a number of the regulatory burdens associated with retail communications. The request for comments was published in the Federal Register.

The CFTC Division of Market Oversight requested comments on a rule amendment certification filing by Intercontinental Exchange Futures U.S. regarding the pre-hedging of anticipated block trades.

SEC Chair Mary Jo White testified before the Senate Banking Committee. She noted progress and completion of rulemakings required by the Jumpstart Our Business Startups Act, the Fixing America's Surface Transportation Act and the Dodd-Frank Act.

The CFTC approved revisions to regulations that (i) delineate the swap data reporting requirements associated with each of the swaps involved in a cleared swap transaction and (ii) allow the entity submitting the first report on a cleared swap transaction solely to choose the swap data repository for each such swap.

The Intercontinental Exchange U.S. and ICE Futures Europe will discontinue the reporting of swap data to a swap data repository on behalf of market participants that execute (i) the exchange of futures for swaps and (ii) the exchange of options for options transactions.