SEC Proposes Exemption from Information Review Requirements for OTC Link's "Expert Market" Platform | The SEC proposed exemptive relief from certain diligence requirements "to permit broker-dealers to publish or submit proprietary quotations for securities, on a continuous basis, in a market where the distribution of such quotations is restricted to sophisticated or professional investors."
The SEC proposed exemptive relief from certain diligence requirements "to permit broker-dealers to publish or submit proprietary quotations for securities, on a continuous basis, in a market where the distribution of such quotations is restricted to sophisticated or professional investors."
The CFTC staff determined that NFA's swap dealer capital model requirements and review process "are comparable" to the CFTC's own requirements and processes.
The DOL Employee Benefits Security Administration issued guidance to plan fiduciaries on locating and distributing retirement benefits to nonresponsive or missing plan participants.
SIFMA updated model disclosure documents for municipal security underwriters. The model disclosure documents address updated conduct requirements on municipal securities and municipal advisory activities.
