An SEC notice of the upcoming Investor Advisory Committee meeting was published in the Federal Register. The meeting is scheduled for April 9, 2015.

The CFTC issued an Order in which it filed and simultaneously settled charges against Marubeni America Corporation ("Marubeni"). Marubeni, a dealer and merchant of agricultural commodities, was charged with failing to submit accurate monthly CFTC Form 204 reports regarding the composition of its fixed-price cash grain purchases and sales in violation of the reporting requirements in CFTC Rule 19.01. The CFTC stated that Marubeni held reportable positions in certain Form 204 agricultural commodities and was required to file reports showing the quantities of the fixed-price purchase and sale of

The CFTC Divisions of Market Oversight and of Swap Dealer and Intermediary Oversight issued a staff advisory reminding futures commission merchants, clearing members, foreign brokers, swap dealers and certain reporting markets (collectively, "reporting parties") of their obligation to obtain information on a timely basis from their customers or counterparties in order to comply with the ownership and control reports final rule ("OCR Final Rule"). The staff advisory reminds reporting parties, pursuant to the OCR Final Rule, that they must obtain from their customers or counterparties the

SIFMA submitted comments to the SEC opposing a proposal by the New York Stock Exchange ( SR-NYSE-2015-06) for midday auctions. Under the proposal, NYSE would establish a daily "Midday Auction" in a subset of NYSE-listed securities that: (i) have a consolidated average daily trading volume of 1,000,000 shares or less, and (ii) have been designated by the NYSE as "Midday Auction Stocks". SIFMA stated that while it supports efforts to improve the trading quality in lower volume securities, it believes that when such efforts "deviate significantly from established rules," such initiatives must be

SEC Commissioner Luis Aguilar asserted that "fundamental" challenges face the SEC. He stated that these challenges "cut across several important regulatory responsibilities, and demonstrate the need for the Commission to evolve and adapt to changing times." The Commissioner delivered his remarks before a Georgia Law Review Symposium titled "Financial Regulation: Reflections and Projections" held at the University of Georgia. According to Commissioner Aguilar, the two major challenges facing the SEC are: (i) the use of its data and technology, and (ii) the increasingly interconnected nature of