The CFTC corrected a final rule from the May 31, 2013 Federal Register which adopted Dodd-Frank regulations in order to define criteria for grouping swaps into separate categories and establish methodologies for setting appropriate minimum block sizes for each swap category. The correction fixes errors pertaining to certain contract descriptions, block sizes, and block units for interest rate swaps, credit swaps, foreign exchange, and other commodity swaps. See: 78 FR 42439. See also: Core Principles and Other Requirements for Swap Execution Facilities (June 4, 2013); CFTC Publishes Text of

CFTC Chairman Gensler announced that Christopher Ehrman has been named the new director of the CFTC Whistleblower Office. The Whistleblower Office, created by Dodd-Frank, may reward individuals who voluntarily provide original information about violations of the Commodity Exchange Act. See: CFTC Press Release.

The SEC announced that, after more than 23 years of service, Kenneth R. Lench will leave the agency for the private sector at the end of July. See: SEC Press Release.

The SEC's Division of Corporation Finance designate the Malta Stock Exchange plc as a "designated offshore securities market" within the meaning of Rule 902(b) ("Definitions") of Regulation S under the Securities Act. See: SEC Division of Corporate Finance No-Action Letter. See also: Incoming Letter.

The SEC is rescinding Exchange Act Rules 17i-1 to 17i-8 ("Supervised Investment Bank Holding Company Rules") pursuant to the Dodd-Frank Act. The rescinded rules prescribed a framework under which a supervised investment bank holding company ("SIBHC") could elect to be regulated under the SEC. The SEC is also amending 17h1-T to 17h2-T ("Risk Assessment") to eliminate exemptions for broker-dealers associated with SIBHC's. There were not any firms relying on the 17i framework, and its removal will not have any substantive effect. See: SEC Final Rule Release 34-69979.