The Public Company Accounting Oversight Board ("PCAOB") issued guidance to support the implementation of new critical audit matter ("CAM") requirements. The PCAOB staff guidance includes three documents: (i) " Implementation of Critical Audit Matters - The Basics," (ii) " Staff Observations from Review of Audit Methodologies" and (iii) Implementation of Critical Audit Matters - Deeper Dive on Determination of CAMs. PCAOB stated that "these documents primarily offer insights for auditors, [however] the high-level overview — “The Basics” — may also be of interest to preparers, audit committees

Market participants and industry associations raised a number of concerns on the CFTC proposals to amend swaps trading rules.

FINRA provided guidance to members for reporting operating lease assets and liabilities on Financial and Operational Combined Uniform Single ("FOCUS") reports.

The CFTC Division of Swap Dealer and Intermediary Oversight granted no-action relief to two CPOs from registration, provided that each delegates its responsibilities under CEA Section 4m(1) to a registered CPO, subject to certain conditions. (See here and here for the no-action letters.)

A Panel of the Chicago Board of Trade Probable Cause Committee imposed a fine and a suspension against a trader for entering orders without the intention to execute.