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SEC Release (MSRB Rulemaking) The SEC granted approval to an MSRB rule change to increase certain transaction assessments and to institute a new technology fee on reported sales transactions. The MSRB stated that the increased fees were directly related to the costs of administering its operations, including newly acquired duties under the Dodd-Frank Act. The SEC approved the rule change despite substantial criticism from a number of commenters, who, among other things, criticized the lack of transparency in the MSRB's budget process. Document Number SR-MSRB-2010-10 SEC Release 34-63621 Date

FINRA Regulatory Notice FINRA issued a notice to provide guidance to firms on the recently available Final Renewal Statements and reports for broker-dealers, investment adviser firms, agents and investment adviser representatives, and branches. The payment deadline for the process is February 4, 2011. Document Number FINRA RN 11-01 Date Jananuary 3, 2011

News Article Republicans in the new Congress could put the budget squeeze on two powerful regulatory agencies to slow President Barack Obama's crackdown on Wall Street. Republicans say they want to review the expansion plans of regulators. "Once you turn the money loose, it's a little harder to stop that train," said Representative Randy Neugebauer of Texas, who will head the House Financial Services oversight subcommittee. Before lawmakers agree to dole out funds for the Securities and Exchange Commission and the Commodity Futures Trading Commission, Republicans want more time to study

CFTC Dodd-Frank Rulemaking The CFTC announced that it will hold a public meeting on January 20, 2011 to consider the issuance of proposed rulemakings under the Dodd-Frank Wall Street Reform and Consumer Protection Act. No agenda items were provided. Date January 4, 2011 Cross References (links require a Cabinet subscription) Dodd-Frank Act, Title VII