The latest Advisers Act Enforcement Action -- Copeland Wealth Management; IA-3406 (released 05/17/2012).

The latest Advisers Act Enforcement Action -- Belal K. Faruki; IA-3405 (released 05/17/2012).

Testimony by Robert Khuzami, Director of the SEC Division of Enforcement before the Committee on Financial Services, U.S. House of Representatives. View testimony in full here.

The Federal Reserve Board, FDIC and OCC are issuing this guidance, which outlines high-level principles for stress testing practices, applicable to all Federal Reserve-supervised, FDIC-supervised, and OCC-supervised banking organizations with more than $10 billion in total consolidated assets. The guidance highlights the importance of stress testing as an ongoing risk management practice that supports a banking organization's forward-looking assessment of its risks and better equips the organization to address a range of adverse outcomes. Effective Date: This guidance will become effective on

In connection with transactions executed anonymously on the Box Options exchange, a broker-dealer can indicate on its confirm for a customer that it cited as "agent" where the broker-dealer does not know that another desk of the broker-dealer is principal on the opposite side of the trade. SEC No-Action Letter Date of Letter: 05/11/2012