The purpose of the meeting was for the SEC to consider the following: Recommendations as to trading spreads on smaller exchange-listed companies (in particular, whether the interval between ticks should be increased to allow more dealer profit with the aim of encouraging market-making in such companies), Creation of a separate U.S. equity market limited to sophisticated investors for small and emerging companies, and Disclosure rules for smaller reporting companies. In the opening remarks, SEC Chairman Walter stated that to support the SEC's attempts at enhancing investor protection and

Senator Debbie Stabenow, Chairwoman of the U.S. Senate Committee on Agriculture, Nutrition and Forestry, issued the attached statement on the settlement deal to recover much of the $1.6 billion in customer funds that went missing with the now-collapsed MF Global. The approved deal will recover about 93 percent of the lost customer money for those with U.S. accounts. Senator Stabenow stated that she will "continue to fight for customers to get more money back, as well as holding wrongdoers accountable." Click hereto view statement in full (links externally to U.S. Senate Committee on

ICI has filed a brief with the U.S. Court of Appeals for the District of Columbia Circuit in connection with its appeal of a federal district court's decision that had rejected ICI's challenge to CFTC amendments to Rule 4.5 (which, among other things, provides certain exclusions from the definition of "commodity pool" and "commodity pool operator"). The CFTC amendments challenged by ICI had reinstated a trading threshold and marketing restriction for registered investment companies ("RICs") claiming an exclusion from the definition of "CPO" under Rule 4.5. (The CFTC had previously rescinded

The CFPB published in the Federal Register final amendments and official commentary to Regulation Z and Regulation X with respect to mortgage servicer obligations. Effective Date: January 10, 2014. Cross-Reference(s): Dodd-Frank Sections 1411 ("Ability to Repay"), 1412 ("Safe Harbor and Rebuttal Presumption"), 1414 ("Additional Standards and Requirements"), 1418 ("Six-Month Notice Required before Reset of Hybrid Adjustable Rate Mortgages"), 1420 ("Disclosures Required in Monthly Statements for Residential Mortgage Loans"), and 1464 ("Truth in Lending Act Amendments"). View rule release in full

The FSOC has released minutes and webcasts for past Council meetings. Click on each link below to view the minutes for the related meeting. Note: Webcasts are available only for open session Council meetings. January 14, 2013, Notational Vote December 13, 2012 December 3, 2012 November 13, 2012 October 30, 2012 October 29, 2012 October 18, 2012 September 28, 2012 July 18, 2012 June 11, 2012 May 22, 2012 May 14, 2012, Notational Vote April 3, 2012 February 1, 2012 December 21, 2011 December 5, 2011 November 11, 2011 October 31, 2011 October 11, 2011 September 15, 2011 August 8, 2011 July 18