The SEC approved MSRB amendments to Rules governing membership on the MSRB Board.

The CFTC's final rule on trade options was published in the Federal Register. The rule amends the limited trade options exemption in the CFTC Regulations in order to substantially reduce and/or eliminate certain reporting and recordkeeping requirements for end users entering into trade options.

Legal academics argued that the SEC estimate that the Conflict Minerals Rule would cost the industry between $3-4 billion in the first year alone "rested on inapt and unsound economic models and empirical work."

The SEC solicited comments on a proposed de minimis interpretation of the definition of "automated quotation" under Reg. NMS.

The CFTC Divisions of Clearing and Risk, Market Oversight and Swap Dealer and Intermediary Oversight extended a general grant of no-action relief from CEA related regulation to a regional-transmission organization.