The CFTC held external meetings regarding cross-border issues. Meetings: Blackrock, Fidelity, Goldman Sachs, Jones Day, MFS, Wellington, SIFMA.

The SEC charged a former portfolio manager at Oppenheimer & Co. with misleading investors about the valuation and performance of a fund consisting of other private equity funds. The SEC found that the portfolio manager disseminated quarterly reports and marketing materials to prospective investors, which misstated that the valuation of the Oppenheimer fund's holdings was based on values received from the portfolio managers of those underlying funds. As a result, the fund's reported performance, as measured by its internal rate of return, a key indicator of the fund's performance, was

The ISDA has outlined a set of principles designed to help attain a more harmonized framework of international derivatives regulations. The principles incorporate views expressed by international regulators and market participants to develop a framework through principles-based substituted compliance methodology. Additionally, the ISDA published examples of how the principles will apply to various areas within derivatives regulation. The ISDA suggested the following principles: An effective framework should be grounded in the declarations issued by the G-20; Regional and national regulators

The SEC announced that Jane E. Jarcho has been named the National Associate Director of the Investment Adviser/Investment Company examination program in the Office of Compliance Inspections and Examinations. See: SEC Press Release.

F INRA released a podcast discussing examples of misconduct by registered representatives. A written summary is provided. Failure to Notify Firm of Outside Brokerage Accounts and to Notify Outside Firms of Association with a FINRA Member Firm FINRA's National Adjudicatory Council ("NAC") found that a registered representative had failed to tell his FINRA-registered firm about brokerage accounts that he held at two other firms. Additionally, he failed to tell those two firms that he was associated with a FINRA firm. While he was a registered FINRA representative, he held nine brokerage accounts