FINRA filed with the SEC a proposed rule change to amend FINRA Rule 6730(e) to expressly exclude from the Trade Reporting and Compliance Engine ("TRACE") trade reporting requirements transfers of TRACE Eligible Securities for the sole purpose of creating or redeeming instruments such as exchange-traded funds ("ETFs"). View release in full here(links externally to FINRA website).

View release in full here (links externally to SEC website).

View release in full here (links externally to SEC website).

View release in full here (links externally to SEC website).

The Federal Reserve is issuing this guidance to emphasize the importance of appropriate risk management practices and controls in connection with a decision not to complete foreclosure proceedings after they have been initiated (a situation referred to in this guidance as an abandoned foreclosure). This guidance applies to state member banks, bank holding companies and savings and loan holding companies (collectively, banking organizations) with residential mortgage servicing operations. View letter in full here (links externally to FRB website).