The SEC, in partnership with the U.S. Small Business Administration ("SBA"), announced the agencies will jointly host an event on November 19, 2014, to highlight additional ways that small businesses may seek to raise funds under current and proposed SEC rules. Representatives from the SEC's Office of Small Business Policy in the Division of Corporation Finance, the Office of Investor Education and Advocacy, and the Office of Minority and Women Inclusion will co-host the event with the SBA's Office of Investment and Innovation and the SBA's Office of Entrepreneurial Development. The event will

The CFTC Divisions of Swap Dealer and Intermediary Oversight ("DSIO"), Clearing and Risk, and Market Oversight issued a time-limited no-action letter (CFTC Letter No. 14-140) that extends relief to CFTC-registered swap dealers ("SDs") that are established under the laws of jurisdictions other than the United States ("Non-U.S. SDs") from certain transaction-level requirements under the CEA. The time-limited relief initially was provided in CFTC Letter No. 14-74. On November 14, 2013, DSIO issued an Advisory ("DSIO Advisory") in response to inquiries from swap market participants regarding the

The CFTC-proposed amendments to the Residual Interest Deadline in CFTC Rule 1.22 ("Use of Futures Customer Funds Restricted") was published in the Federal Register. The amendment would remove the December 31, 2018 termination date from the phased-in compliance schedule for futures commission merchants ("FCMs") and provide assurance that the Residual Interest Deadline would be revised only through a separate CFTC rulemaking. Comments on the proposal must be submitted by January 13, 2015. See: 79 FR 68148; Fact Sheet; Q&A. Related news: CFTC Approves Rule Proposals and Product Interpretation

The CFTC-proposed amendments to CFTC Rule 1.35(a) ("Records of Commodity Interest and Related Cash or Forward Transactions") regarding records of commodity interest and related cash or forward transactions was published in the Federal Register. The CFTC proposed to require that all records maintained pursuant to CFTC Rule 1.35(a) must be searchable. The proposal also would clarify that all records must be kept in a form and manner that allows for identification of a particular transaction. The exceptions to this are records of oral and written communications leading to the execution of a

The Federal Reserve Board added two additional answers to its Volcker Rule FAQs. New question number eight deals with reporting metrics. New question number nine discusses the treatment of mortgage-backed securities sponsored by the GSE under the covered funds provisions of the regulations adopted under the Volcker Rule. See: Volcker Rule FAQs.