In a Risk Alert, the SEC Office of Compliance Inspections and Examinations ("OCIE") urged registrants to review their written policies to ensure compliance with requirements under Regulation S-P (Privacy of Consumer Financial Information and Safeguarding Personal Information). The most common types of inadequacies with respect to the "Safeguards Rule" of Regulation S-P, according to OCIE, include: not providing Initial Privacy Notices, Annual Privacy Notices and Opt-Out Notices to customers; not having written policies and procedures, as mandated under the Safeguards Rule ( e.g., firms had

In a comment letter, SIFMA called on the SEC to suspend a MIAX Emerald, LLC (a U.S. equity options exchange) proposal to establish an Options Regulatory Fee ("ORF"). SIFMA recommended that the SEC consider creating a framework for determining whether the ORFs are consistent with the Exchange Act Section 6(b).

The SEC made available a " short form application" to streamline the process for extending the time for confidential treatment of information contained in a material contract. In order to "protect the confidential information from public release" under the Freedom of Information Act after an original confidential treatment order for a material contract expires, registrants must file extension applications under Securities Act Rule 406 or Exchange Act Rule 24b-2 before the existing confidential treatment order's expiration.

The SEC Division of Corporation Finance designated a New Zealand stock exchange as a "designated offshore securities market" under Securities Act Regulation S, Rule 902(b).

At a Global Markets Advisory Committee ("GMAC") meeting, the CFTC considered presentations on the current status of the "four pillars" of the 2009 G20 directive on the OTC derivatives market. These include (i) trading on exchanges or electronic trading platforms, (ii) clearing through central counterparties, (iii) margin requirements for non-centrally cleared derivatives and (iv) data reporting to trade repositories. CFTC Commissioner Dawn Stump reminded advisory committee members of the objectives of the GMAC including helping the CFTC to determine how it can avoid burdensome regulatory and