The SEC Division of Corporation Finance granted exemptive relief to a Chilean power corporation allowing it to conduct a tender offer with an arrangement to purchase shares subject to the requirements of local law.
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The FDIC corrected a final rule regarding the removal of certain regulations on Fair Credit Reporting, for which responsibility was transferred to the Consumer Financial Protection Bureau.
The SEC Division of Corporation Finance granted relief to an investment management company from being considered an "ineligible issuer" under Securities Act Rule 405.
The SEC issued an order granting a conditional exemption to a credit rating agency registered as a nationally recognized statistical rating organization from being required to file class certifications from Qualified Institutional Buyers.
The NFA announced that starting with its election of Board of Directors members in 2017, NFA will replace current paper ballots with an electronic voting system.