The SEC updated its Compliance and Disclosure Interpretations ("C&DIs") for the Securities Act Rules and Regulation S-T. In the Securities Act Rules C&DIs, the SEC added Question 279.01 regarding a clarification of Regulation S, Rule 905 ("Resale Limitations") with respect to resales of securities of (formerly) foreign private issuers. In the Regulation S-T C&DIs, the SEC added Question 118.01 regarding whether an SEC filing may contain graphics including information that is not text-searchable. See: Update to Securities Act Rules C&DIs; Update to Regulation S-T C&DIs.

The NFA issued a notice reminding futures commission merchants ("FCMs") that under CFTC No-Action Letter 14-154, any firm with a fiscal year ending on or before January 31, 2015 has 90 days from the firm's fiscal year-end to file its annual Chief Compliance Officer ("CCO") report through the WinJammer™ system, as required under CFTC Rule 3.3(f) ("Chief Compliance Officer"). Any firm unable to meet the 90-day deadline is permitted to file the report no later than 120 days after its fiscal year-end, provided that the firm informs the CFTC and the NFA of any material non-compliance events that

CFTC Commissioner J. Christopher Giancarlo delivered a speech before the Commodity Markets Council titled, "End-Users Were Not the Source of the Financial Crisis: Stop Treating Them Like They Were." Commissioner Giancarlo said he is a proponent of what he considers to be the three "key pillars" of Dodd-Frank: (i) central counterparty clearing; (ii) swap data reporting; and (iii) regulated swaps execution. He stated that his opinions are founded on the view that well-regulated markets are good for business and job creation. He explained, however, that end-users, unfortunately, have become

CFTC Commissioner J. Christopher Giancarlo, sponsor of the Energy and Environmental Markets Advisory Committee ("EEMAC"), announced today the members and associate members of the Advisory Committee. See: EEMAC Members; EEMAC Associate Members; CFTC Press Release.

The Office of the Comptroller of the Currency ("OCC") announced that Michael Brickman was named Deputy Comptroller for Special Supervision. In his new role, Mr. Brickman will oversee the supervision of the OCC's most troubled midsize and community banks, as well as the development and implementation of rehabilitation or resolution strategies for assigned banks and savings associations, including the orderly management of closings. Se e: OCC Press Release.