The Public Company Accounting Oversight Board (the "PCAOB") issued a report to describe the progress and significant observations of its interim inspection program for auditors of brokers and dealers registered with the SEC. The program commenced in August 2011 in response to the PCAOB's new authority with respect to inspections, standards setting, investigations, and disciplinary proceedings over auditors of brokers and dealers as provided in the Dodd-Frank Act. The audits inspected were required to be conducted under generally accepted auditing standards ("GAAS") issued by the American

BATS: Final Rule - Amend BATS Rules 14.2 and 14.3 to Adopt Additional Listing Requirements for Reverse Merger Companies and to Align BATS Rules with the Rules of Other Self-Regulatory Organizations ICC: Proposed Rule - Amend Schedule 502 of the ICE Clear Credit Rules to Provide for Clearing of Additional Single-Name Investment Grade CDS Contracts ICC: Effective Immediately - Amend Schedule 502 of the ICC Rules to Provide for Clearing of Additional Markit CDX North American Investment Grade Indices NSX: Effective Immediately - Amend Its Rules to Add Rule 3.21 Regarding Telephone Solicitation

DATE MEETING WITH RULEMAKING 08/16/2012 Chatham Financial Capital Margin Clearing Requirement

Summary: (This item was previously reported when the CFTC adopted the rule proposal and before it was published in the Federal Register.) The CFTC is proposing a rule to exempt swaps between certain affiliated entities within a corporate group from the clearing requirement (the "inter-affiliate clearing exemption" or the "proposed exemption") under Section 2(h)(1)(A) of the Commodity Exchange Act. The CFTC also is proposing rules that detail specific conditions which counterparties must satisfy to elect the proposed inter-affiliate clearing exemption, as well as reporting requirements for

In this blog, Representative Blaine Luetkemeyer asserts that the CFPB has not helped consumers, and suggests that the "400 new rules and mandates" [imposed by Dodd-Frank] are restricting access to credit and "drowning our small business owners." He goes on to conclude that sections of Dodd-Frank must be repealed in order to create a sense of certainty in the economy. View blog post here(links externally to the House Committee on Financial Services website).