The FOA and FIA announced an agreement in principle to combine their two organizations under one global structure and brand called FIA Global. See: FOA and FIA Affiliation Agreement.

NYSE Euronext Rate Administration Limited, a subsidiary of NYSE Euronext ("NYX"), announced that it has been appointed as the new administrator of LIBOR. Pending approval by the Financial Conduct Authority, the transition from the current administration, BBA LIBOR Ltd., a subsidiary of BBA, is expected to be completed in early 2014. See: NYSE Euronext Press Release.

The FDIC approved an interim final rule and the OCC approved a final rule regarding implementation of Basel III capital requirements. The FDIC and OCC rules are substantially identical to the final rules issued by the Federal Reserve Board on July 2, 2013. See: FDIC Interim Final Rule; OCC Final Rule. See also : FDIC Press Release; OCC Press Release; Delta Strategy Group: Summary of New Basel Capital Proposals.

SIFMA released its response to a data request by the SEC to help inform the agency's cost-benefit analysis of a uniform fiduciary standard for broker-dealers and investment advisers under Dodd-Frank Section 913. For the first time, the industry provided estimates on the cost of complying with a uniform fiduciary standard. In its letter, SIFMA: Stated its support for a uniform fiduciary standard of conduct, though it also stated that such a uniform standard must take account of the fact that broker-dealers provide a different service to customers than to investment advisers ( e.g., broker

The MSRB submitted to the SEC a proposed rule change to amend MSRB Rule A-3, which controls the permitted members of the Board, in order to relax the definition of "material business relationship," thereby expanding the scope of who would be a permissible "public representative." See: MSRB Proposed Rule Request to SEC.