The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency issued a request for comment on their proposed revisions to the "Interagency Questions and Answers Regarding Community Reinvestment." The revisions address questions raised by bankers, community organizations and others regarding the Community Reinvestment Act regulations. Comments will be due 60 days after the publication of the proposed revisions in the Federal Register, which is expected shortly. See: Text of the Proposed Revisions; Joint Agency

The SEC issued a proposed rule which provides that certain communications involving security-based swaps that may be purchased only by eligible contract participants will not be deemed to constitute offers for purposes of Securities Act Section 5 ("Prohibitions Relating to Interstate Commerce and the Mails") and thus would not be subject to the prospectus delivery or registration requirements of the Securities Act. Under the proposed rule, the publication or distribution of price quotes relating to security-based swaps that may be purchased only by persons who are eligible contract

The MSRB published a regulatory notice requesting public input on its strategic long-term priorities as part of its two-year planning cycle. The MSRB is seeking input on the following activities: regulating municipal securities dealers and municipal advisors; enhancing market efficiency; operating market transparency systems; and providing education, outreach and market leadership. MSRB requests that when providing feedback, commenters be as specific as possible and provide relevant data and information on particular issues and topics. The deadline for submitting comments is October 23, 2014

The SEC announced that Victor J. Valdez has been named Chief Operating Officer and Managing Executive of the SEC Enforcement Division. In his new role, Mr. Valdez will oversee project management, information technology, human capital strategy and risk management, among other functions. See: SEC Press Release.

The Federal Energy Regulatory Commission ("FERC") announced that it will hold a workshop to discuss with industry stakeholders existing market rules and operational practices involving price formation issues in energy and ancillary services markets operated the Regional Transmission Organizations ("RTOs") and Independent System Operators ("ISOs"). The workshop, which will be held on October 28, 2014, will address technical, operational, and market issues regarding price mitigation. The workshop will also address offer price caps, and scarcity and shortage pricing in energy and ancillary