Proposed Rule Change to Extend the Implementation of FINRA Rule 4240 (Margin Requirements for Credit Default Swaps). View rule change in full here(links externally to FINRA website).

On June 20, 2012, the SEC adopted a new rule and amendments to its proxy disclosure rules to implement Section 952 of the Dodd-Frank Act, which added Section 10C to the Exchange Act. Section 10C requires the SEC to adopt new disclosure rules concerning compensation consultant conflicts of interest. Section 10C also requires the SEC to adopt rules directing the national securities exchanges-such as NYSE and NASDAQ-and national securities associations (collectively, the "exchanges") to adopt listing standards with respect to compensation committees and compensation advisers. Under the new rule

Cross References: Dodd-Frank Title II; Dodd-Frank Studies table. View study in full here (links externally to GAO website).

SIFMA released a statement of support from Executive Vice President Randy Snook after the SEC approved a final rule requiring the SROs to establish a consolidated audit trail, remarking: "...We believe that a centralized and comprehensive audit trail would enable the SEC and securities SROs to perform their monitoring, enforcement and regulatory activities more effectively." View statement in full here(links externally to SIFMA website).

SIFMA’s executive vice president of public policy and advocacy, Kenneth E. Bentsen, Jr., testified before the House Financial Services Subcommittee on Financial Institutions and Consumer Credit. The purpose of his testimony was to discuss the Qualified Mortgage (“QM”) proposed rulemaking. View testimony in full here(links externally to SIFMA website).