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. The revisions are being made primarily to implement the new Form 13F online application (see: Notice to EDGAR Form 13F Filers) and to support U.S. GAAP 2013 Taxonomy. The EDGAR system is scheduled to be upgraded to support this functionality on May 20, 2013. Click here to view rule release in full (links externally to SEC website).

The National Futures Association ("NFA") posted a video webinar that provides a step-by-step walk-through of the process for firms registering as swap dealers or major swap participants to submit documentation to show compliance with the Section 4s implementing regulations, as is required by the CFTC. Among other things, the video (i) provides useful information for registering non-U.S. entities; (ii) also provides information on the process the NFA uses to review 4s documentation; and (iii) strongly urges firms to have their 4s documentation submitted one to two weeks prior to provisional

The MSRB released municipal market statistics for the first quarter of 2013, including data that provide details about the trading patterns and, continuing disclosure documents submitted to the MSRB and other figures for the municipal bond market. The first quarter 2013 highlights include: "Par amount traded in the municipal securities market in the first quarter of 2013 totaled $733.0 billion, 7.6 percent lower than the $793.4 billion traded in the same period one year ago." "Trading of revenue securities accounted for approximately 67 percent of the total par traded and 63 percent of the

The Federal Trade Commission ("FTC") has issued its annual letter to the Consumer Financial Protection Bureau ("CFPB") on FTC enforcement and related activities regarding the Truth in Lending Act ("TILA"), Consumer Leasing Act ("CLA"), Electronic Fund Transfer Act ("EFTA"), and Equal Credit Opportunity Act ("ECOA"). This year's letter also discusses the Dodd-Frank Act, as well as the FTC's and CFPB's memorandum of understanding which set forth a framework for coordinating certain law enforcement, rulemaking, and other activities. The letter also addresses certain FTC initiatives regarding

The CFTC issued an Order filing and settling charges against MB Trading Futures Inc. ("MB Trading"), a registered Retail Foreign Exchange Dealer ("RFED") for failing to comply with minimum financial requirements for registered RFEDs and Futures Commission Merchants ("FCMs") that offer or engage in retail off-exchange foreign currency ("forex") transactions. MB Trading has been registered with the CFTC as an FCM since February 28, 2006 and as an RFED since September 9, 2010. See : Order: MB Trading Futures Inc. and CFTC Press Release.