The MSRB filed a partial amendment with the SEC regarding the proposed rule change to Rule G-11 ("Primary Offering Practices"), Rule G-8 ("Books and Records to Be Made by Brokers, Dealers, and Municipal Securities Dealers"), and Rule G-32 ("Disclosures in Connection with Primary Offerings"). The original proposed rule change consisted of provisions to enhance communications among senior managing underwriters and syndicate selling group members during a primary offering of municipal securities. The amendment to the proposed rule changes the text partially to revise the definition of a "retail

The CFTC Tech Advisory Committee ("TAC") has announced that the Committee will hold a public meeting at the Commission's headquarters on September 12, 2013. The meeting will focus on issues relating to swap data reporting, automated trading (see the concept release in today's news, linked below), and swap execution facilities. See: CFTC Meeting Announcement; TAC Meeting Agenda. See also: CFTC Concept Release on Supervision and Regulation of Automated Trading (with Delta Strategy Group Summary and Lofchie Comment).

The CFTC approved TW SEF LLC ("TW SEF") and DW SEF LLC ("DW SEF") applications for temporary registration as swap execution facilities ("SEF"). TW SEC and DW SEF are the second and third entities that the CFTC has approved for temporary registration as SEFs. The first SEF was Bloomberg LLC, which was granted temporary registration on July 30, 2013. See: CFTC Press Release. See also: CFTC Issues Temporary Registration as Swap Execution Facility to Bloomberg (with Lofchie Comment) (July 31, 2013).

The CFTC released the results of individual rule enforcement reviews for ELX Futures, Minneapolis Grain Exchange, and CBOE Futures regarding various compliance issues. Overall, the CFTC found that none of the exchanges had violated enforcement rules, but offered recommendations to the Exchanges and the NFA to ensure adequate compliance. See: Enforcement Review of ELX Futures; Enforcement Review of Minneapolis Grain Exchange; Enforcement Review of CBOE Futures. See also: CFTC Releases Rule Enforcement Review of the Chicago Mercantile Exchange and the Chicago Board of Trade (August 2, 2013).

The SEC published the order making annual adjustments to registration fee rates for fiscal year 2014 in the Federal Register. The order states that public companies and other issuers will be required to pay a registration fee of $128.80 per million dollars in 2014. This adjusted fee rate applies to Securities Act Section 6(b) ("Registration of Securities"), Exchange Act Section 13(e) ("Periodical and Other Reports") and Section 14(g) ("Proxies"), and will become effective on October 1, 2013. See: 78 FR 54934. See also: SEC Issues Fee Rate Advisory: FY 2014 (August 30, 2013).