The SEC released a compliance and disclosure interpretation guide for the filing of asset-level disclosures on Form ABS-EE.

The SEC Division of Investment Management granted no-action relief to the Investment Adviser Association concerning the annual "irregular" examination that an investment adviser must undergo if it is deemed to maintain custody of client assets.

The Consumer Financial Protection Bureau adopted December 2011 interim final rules transferring rulemaking authority for numerous consumer financial protection laws from seven federal agencies to the CFPB as final rules pursuant to the Dodd-Frank Act, Title X.

FINRA issued cross-market equity supervision "report cards" designed to indicate potential problems and assist firms in identifying and preventing spoofing and layering activities.

The Office of the Comptroller of the Currency reminded national banks and federal savings associations of their obligations concerning (i) the maintenance of records, (ii) records retention and (iii) examiner access.