The Federal Reserve Board is publishing a final rule, Regulation HH, Designated Financial Market Utilities. (We had published the pre-Fed. Reg. version of this rule on July 31.] This rule implements provisions of Sections 805(a) and 806(e) of the Dodd-Frank Act, including risk-management standards for financial market utilities ("FMUs") that are designated as systemically important by the Financial Stability Oversight Council and standards for determining when a designated FMU is required to provide advance notice of proposed changes to its rules, procedures or operations that could materially

CBOE - Effective Immediately - Delete Temporary Rule 6.83 CBOE - Effective Immediately - Update References in Rules CBOE - Effective Immediately - Amend the Fees Schedule EDGA - Effective Immediately - Optional Attribution of Orders on the EDGA Book Feed EDGX - Effective Immediately - Optional Attribution of Orders on the EDGX Book Feed NASDAQ OMX BX - Effective Immediately - Delay the Implementation Date of Non-Display of Primary Pegged Orders with an Offset Amount NYSE - Final Rule - Amending Independence Policy of the Board of Directors of NYSE Euronext and Creating a New Independence

The OCC today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of July 1, 2012 through July 31, 2012. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings. View in full here (links externally to OCC website).

CFTC today announced that staff will hold a public roundtable on Thursday, August 9, 2012, from 9:30 a.m. to 5:00 p.m., to discuss customer protection requirements for futures commission merchants (FCMs). The objective of the roundtable is to gather public input on a variety of ideas to further protect customers. [SL Comment: This obviously takes place against the background of MF Global and Peregrine. What the CFTC would seem to want to achieve out of this roundtable is to build up newspaper momentum for insurance funding and for increased regulatory funding. In fact, many of the recent CFTC

FINRA is modifying the criteria and process for candidates whose primary language is not English to receive additional time to complete a qualification examination or Regulatory Element Continuing Education session (CE session). The attached release describes the new procedures. Cross Reference(s): NASD NTM 01-81 (Provides Interpretive Guidance on the Conduct of Business Abroad). View notice in full here (links externally to FINRA website).