The CFTC made corrections to its final rules on enhancing protections afforded customers and customer funds held by futures commission merchants and derivatives clearing organizations by removing a phrase from Appendix B to CFTC Rule 1.20 ("Futures Customer Funds to Be Segregated and Separately Accounted for") and Appendix B to Rule 1.26 ("Deposit of Instruments Purchased with Futures Customer Funds"). The corrections are effective as of May 12, 2014. See: 79 FR 26831. See generally: CFTC Rules Publication (accessible to Cabinet subscribers only). Related news: CFTC Corrects Typo in Enhanced

The Consumer Financial Protection Bureau ("CFPB") added Regulation Z, also known as the "Truth in Lending Rule," to its "eRegulations" tool in order to present the rule in an easy-to-navigate format. See: Press Release.Click here to view Regulation Z on the CFPB's eRegulations.

FINRA filed with the SEC a proposed rule change to amend FINRA Rule 7410 to permit members to route orders to two Reporting Members for a defined time period, provided that certain conditions are met, without losing the exception from the definition of "Reporting Member" in the Order Audit Trail System rules. Specifically, the proposed rules allow for routes to be ordered to one or two Reporting Member(s) for no more than a single year. See: Text of Proposed Rule Change. T o stay current on all SRO rule changes, please see the Cabinet's Regulatory Calendars(accessible to Cabinet subscribers

The SEC approved MSRB's proposal to consolidate fair-pricing rules by amending MSRB Rule G-30 ("Prices and Commissions") and deleting MSRB Rule G-18 ("Execution of Transactions"). According to the MSRB, the amendments are intended to codify existing guidance regarding MSRB fair-pricing standards in MSRB Rules G-30, G-18 and G-17 ("Conduct of Municipal Securities and Municipal Advisory Activities") into a single rule under G-30. The rule changes will become effective on July 7, 2014. See: MSRB Notice 2014-11. Related news: MSRB Proposes Amendments to Existing Obligations of Municipal Securities

On May 12, 2014, the CFTC's Division of Swap Dealer and Intermediary Oversight ("DSIO") issued its long-awaited advisory (the "Advisory") as to its streamlined approach in requesting no-action relief for CPO delegation in the context of pools requiring a registered CPO ( i.e., CFTC Rule 4.7 pools). With the rescission of CFTC Rule 4.13(a)(4), coupled with the inclusion of swaps in the definition of a commodity pool, there was an increase in the number of registered CPOs and, accordingly, in the number of requests for no-action relief for CPO delegation. The intent of the streamlined approach