FINRA is filing with the SEC a proposed rule change to amend Section 1 of Schedule A to the FINRA By-Laws to adjust the rate of FINRA’s Trading Activity Fee (#8220;TAF#8221;) for round-turn transactions in security futures. View text of proposed rule change here(links externally to FINRA website).

The CFTC Division of Market Oversight issued a letter advising the Bolsa de Valores, Mercadorias e Futuros (BVMF-Brazil) that its SP 500 Index futures contract submitted for review on August 9, 2012, was deemed certified. View letter here (links externally to CFTC website). See also: CFTC Press Release; BVMF SP 500 Memo. For a full discussion of the CFTC's jurisdiction over non-U.S. securities futures, see the Jurisdictional Chapter of the CPO-CTA Guide.

The FDIC announced the appointment of John Vogel as Regional Director in New York wherein he will direct the supervision of approximately 890 FDIC-insured depository institutions with assets of more than $1.5 trillion. Previously, Mr. Vogel had served in New York as Deputy Regional Director for Risk Management. View press release here (links externally to FDIC website).

The SEC is amending interim final temporary Rule 15Ba2-6T, which provides for the temporary registration of municipal advisors under the Exchange Act, to extend the date on which Rule 15Ba2-6T (and consequently Form MA-T) will sunset to September 30, 2013. Under the amendment, all temporary registrations submitted pursuant to Rule 15Ba2-6T also will expire no later than September 30, 2013. Effective Date: September 30, 2012. The expiration of the effective period of interim final temporary Rule 15Ba2-6T ( 17 CFR 240.15Ba2-6T) and Form MA-T (17 CFR 249.1300T) is delayed from September 30, 2012

The CFTC Division of Clearing and Risk (DCR) announced an extension of time for compliance in order to provide additional time for market participants to coordinate on the communication of limits for give-ups and bunched orders for futures and swaps. This extension of time is intended to provide sufficient time to transition to fully compliant pre-trade screening no later than June 1, 2013. Additionally, DCR also announced the issuance of an extension of time for compliance from pre-trade screening requirements for those transactions executed on DCMs that do not have a system permitting FCMs