In an Investor Bulletin, the SEC provided information as to the escheatment process ( i.e., the process of "turning custody of abandoned assets or accounts over to a state authority") for investment accounts.

FINRA proposed amendments to cross-reference the qualification, registration and continuing education of associated persons provisions with the Capital Acquisition Broker rules ("CAB Rules"). The consolidated FINRA rules took effect on October 1, 2018. FINRA proposed to amend the following CAB Rules to cross-reference the new FINRA Rules on individual qualification and registration in place of superseded NASD Rules: CAB Rules 119 ("Foreign Members and Associates"), 121 ("Registration Requirements"), 123 ("Categories of Registration"), 124 ("Persons Exempt from Registration") and 125 (

The SEC established the fee rates applicable to securities transactions. The new fee rate will be $20.70 per million dollars. The new fee goes into effect on April 16, 2019.

NFA barred a former CPO and its principal from NFA membership for one year for using misleading promotional materials concerning the CPO's performance. According to the Decision, the Hearing Panel found that the Respondents, Quants Capital Management, Inc. ("Quants") and Gokhan Kisacikoglu, used deceptive promotional material that included "unsubstantiated positive performance information" and presented "hypothetical information" as if it were about the actual performance. The Hearing Panel also found that Quants neglected to prepare and distribute required monthly account statements.

U.S. Treasury Terrorism and Financial Intelligence ("TFI") Undersecretary Sigal Mandelker detailed the Division's efforts to administer U.S. economic sanctions authorities, and to combat money laundering and terrorist financing ("AML/CFT"). In a statement before the U.S. House Appropriations Subcommittee on Financial Services and General Government, Ms. Mandelker highlighted the following activities undertaken by the TFI (which comprises the Office of Foreign Assets Control ("OFAC"), the Financial Crimes Enforcement Network ("FinCEN"), the Office of Intelligence and Analysis, and the Office of