FINRA focused on transaction reporting and data dissemination in a podcast on core elements for firm training plans.

The CFTC approved a supplemental proposal to Regulation Automated Trading. The revised proposal lowers the threshold for registration for algorithmic trading firms and allows the CFTC to obtain access to their source code.

The CFTC approved amendments to certain rules to (i) allow commodity pool operators to use alternative accounting standards in preparing financial statements for non-U.S. pools, and (ii) adopt exemptions from the audit requirements for a pool's Annual Reports. These changes codify relief that the CFTC granted previously on a case-by-case basis through exemptive and no-action letters.

The MSRB issued an interpretive notice concerning the "Time of Trade Disclosure" rule, stating that a municipal security bearing a market discount is material information and must be disclosed.

The SEC Equity Market Structure Advisory Committee will meet to discuss recommendations and status updates from its subcommittees.