The MSRB and the Municipal Forum of New York announced a joint education and outreach seminar for industry professionals on the evolution and emerging trends of the municipal market. The seminar will be held in New York City on July 28, 2015. See: Registration for the Seminar; Press Release.

The American Council of Life Insurers ("ACLI") submitted an amicus curiae brief to the U.S. District Court for the District of Columbia in support of plaintiff, MetLife, Inc. ("MetLife"), in MetLife, Inc. v. Financial Stability Oversight Council, Civil Action No. 15-0045 (RMC). The brief argues against the designation of the plaintiff as a systemically important financial institution. In the brief, ACLI stated that it fully endorses MetLife's argument that the designation by the Financial Stability Oversight Council ("FSOC") of the firm as a systemically important financial institution ("SIFI"

CME Group announced a disciplinary action against Tanyard Creek Capital LLC for violating CME Rules that pertain to position limits. CME Group found that Tanyard Creek Capital LLC, a Commodity Trading Advisor, exceeded the spot-month speculative position limit of 950 contracts in the October 2012 Lean Hog futures contracts ("Lean Hogs") by 324 contracts long, or 34 percent. According to CME Group, the firm knew that it should reduce its Lean Hogs position before the market closed and had ample opportunity to do so, but failed to take the necessary steps to ensure compliance with the position

FINRA issued the first in a six-part series of podcasts about its Regulatory and Examination Priorities for 2015, as highlighted in FINRA's Annual Letter to Firms. It also delineated five recommended areas in which to improve compliance, as listed in the outline that follows. Customers' Interests First According to FINRA, certain firms do not put the interests of their customers first, which leads ultimately to lasting consequences for especially vulnerable investors. FINRA suggested that firms can serve their customers best and reduce regulatory risk by aligning their own interests with those

The SEC's revisions to the EDGAR Filer Manual and related rules were published in the Federal Register. The revisions reflect updates to the EDGAR system. The revisions add new submission form types N-CR and N-CR/A for the Current Report of Money Market Fund Material Events. Additionally, they update submission form types ABS-15G and ABS-15G/A for asset-backed securities reporting based on Rule 15Ga-2. Although the EDGAR system is scheduled to be upgraded to support this new functionality on June 15, 2015, the effective date of the revisions is June 29, 2015. See: 80 FR 36913.