The SEC extended the 45-day review period of FINRA's proposals to: (i) adopt FINRA Rule 6191(b) ("Compliance with Regulation NMS Plan to Implement a Tick Size Pilot Program") and amend FINRA Rule 7440 ("Recording of Order Information"); and (ii) adopt FINRA Rule 6191(a) to implement the quoting and trading requirements of the Regulation NMS Plan to Implement a Tick Size Pilot Program. The SEC's Notice of Designation of Long Period for Commission Action on a Proposed Rule Change was published in the Federal Register.

The SEC Division of Corporation Finance asserted that although a tuition program established by members of the College Savings Plan Network is not necessarily organized as an entity specifically listed in Securities Act Rule 501(a)(3) of Regulation D or Rule 144A(a)(1)(i)(H), the program may be treated as an "accredited investor" ("AI") and "qualified institutional buyer" ("QIB") as defined in each rule, respectively, provided that it meets the substantive requirements of each rule.

The NFA will hold cybersecurity workshops for members in Chicago, New York and Los Angeles on February 2, 4 and 9, 2016, respectively.

CFTC Commissioner Sharon Y. Bowen called for the finalization and implementation of the CTFC's proposed position limits rules.

The ISDA Board of Directors voted to increase its size from 26 to 30 members in order to "broaden" the "perspective and scope of the Board by appointing members from diverse sectors of the market." The Board of Directors also voted to revise the ISDA mission and strategy statement in order to ensure that its strategic priorities would reflect changing market dynamics and the primary concerns of members.