The House Financial Services Committee Chairman Jeb Hensarling (R-TX) announced the committee's hearing schedule for the first half of June. Witnesses for each hearing will be announced at later dates. June 5 at 10 a.m. – The Capital Markets and Government Sponsored Enterprises Subcommittee will hold a hearing to examine the market power and impact of proxy advisory firms. June 12 at 10 a.m. – The Financial Services Committee will hold a hearing on alternative housing finance models. June 12 at 2 p.m. – The Capital Markets and Government Sponsored Enterprises Subcommittee will hold a hearing

Delta Strategy provided the timeline linked below showing some of the key implementation dates for reporting, registration, clearing and trading. Link here to view the timeline provided by Delta Strategy Group.

The NFA announced that, effective July 1, 2013, the requirements of NFA Financial Requirements Section 16 and the related interpretive notice (" NFA Financial Requirements Section 16: FCM Financial Practices and Excess Segregated Funds/Secure Amount/Cleared Swaps Customer Collateral Disbursements") will apply to FCMs holding cleared swaps customer collateral. Specific policies that will apply include the following: Maintaining written policies and procedures regarding the maintenance of the FCM's residual interest in its cleared swaps customer collateral accounts; Approval and notice

The CFPB is issuing a final rule delaying the June 1, 2013, effective date of a prohibition on creditors financing credit insurance premiums in connection with certain consumer credit transactions secured by a dwelling. The prohibition was adopted in the Loan Originator Compensation Requirements under the Truth in Lending Act ("Regulation Z") Final Rule, issued on January 20, 2013. The Bureau is delaying the effective date until January 10, 2014, to permit the Bureau to clarify, before the provision takes effect, its applicability to transactions other than those in which a lump-sum premium is

The SEC issued the Investor Alert linked below in response to a number of fraudulent solicitations currently underway that purport to be affiliated with or sponsored by the federal government and legitimate securities regulators. Click here to view notice in full (links externally to SEC website). See also: Updated Investor Alert: Investors Beware of Government Impersonators (April 2013); Updated Investor Alert: Investors Beware of Government Impersonators (November 2012); Investor Alert: Investors Beware of Government Impersonators (February 2012); Advance Fee Fraud Schemes; PAUSE List of