The SEC is adopting revisions to the Electronic Data Gathering, Analysis, and Retrieval System (EDGAR) Filer Manual and related rules to reflect updates to the EDGAR system. View action in full here (links externally to SEC website).

SIFMA submitted the attached comment letters to the National Security Council ("NSC") and U.S. Trade Representative in support of the Transatlantic Trade and Investment Partnership ("TTIP"). In the first letter, SIFMA and nine other associations declared to the National Security Council their support of the TTIP. For the financial services sector, the groups stressed that the TTIP should include conventional market access rules, as well as mechanisms and processes to achieve sound, efficient, compatible, and cost-effective regulatory frameworks that facilitate access to capital and boost

The United States Senate Committee on Finance announced that, on Wednesday, May 22, a hearing will be held regarding S.662, the Trade Facilitation and Trade Enforcement Act of 2013. A witness list will be provided at a later date. See: Senate Finance Committee Announcement.

The Ministry of Finance and the Inland Revenue Service of Singapore have announced that Singapore intends to conclude a Model 1 Intergovernmental Agreement ("IGA") on FATCA with the United States. In its statement, the Ministry indicated that this decision was based in part on feedback received from financial institutions located in Singapore that Model 1 offers stronger operational efficiencies and has a lower implementation cost. Singapore also announced that it was taking three other steps to improve its international exchange of information framework. First, Singapore will extend the

The attached document, prepared by the Delta Strategy Group, shows an estimated timeline for the implementation of the "SEF" requirements; i.e., (i) the ability for certain swap execution facilities ("SEFs") to register with the CFTC, (ii) the implementation of the requirement that certain swaps be traded on a SEF or on a fully regulated futures exchange and (iii) the process for determining the "block" size at which certain trading information would not be immediately publicly disseminated. Click here to see the draft timeline prepared by Delta Strategy Group.