View study here.All Dodd-Frank related studies and reports can be accessed via our Dodd-Frank Studies table. Cross References Dodd-Frank § 120

The SEC today announced that Eileen Rominger, Director of the Division of Investment Management, will be retiring in July. View press release in full here (links externally to SEC website).

The FDIC is amending the definition of ‘‘financial activities" set forth in section 380.8 of the FDIC's notice of proposed rulemaking published in the Federal Register on March 23, 2011 titled ‘‘Orderly Liquidation Authority" (‘‘March 2011 NPR"). The March 2011 NPR proposed standards for determining if a company is predominantly engaged in financial activities for purposes of Title II of the Dodd-Frank Act. A company that is predominantly engaged in such activities is a ‘‘financial company" for purposes of Title II of the Act (unless it is one of the few entities specifically excepted)

The SEC today announced that Thomas J. Butler has been appointed Director of the agency’s new Office of Credit Ratings. The SEC’s Office of Credit Ratings was created by the Dodd-Frank Act and is responsible for overseeing the nine registered Nationally Recognized Statistical Rating Organizations (NRSROs). Required among these responsibilities is conducting an annual exam of each credit rating agency and issuing a public report. View press release in full here (links externally to SEC website).

FINRA Reg. Notice 12-29 The SEC approved a FINRA proposal to adopt NASD Rules 2210 and 2211 and NASD Interpretive Materials 2210-1 and 2210-3 through 2210-8 as FINRA Rules 2210 and 2212 through 2216 (collectively, the Communications Rules), and to delete certain provisions of Incorporated NYSE Rule 472 and certain Supplementary Material and Rule Interpretations related to NYSE Rule 472. All firms should review the new rules and accordingly update their policies and procedures regarding advertising and other communications with the public and related matters. Effective Date: February 4, 2013