FINRA proposed that the associated persons of a broker-dealer be required to register as Securities Traders if those persons are primarily responsible for (i) "the design, development or significant modification of algorithmic trading strategies," or (ii) the day-to-day supervision or direction of such activities.

New SRO rules, rule proposals and NMS plans were announced by the SEC. Click on the links below to view the SEC's notices of exchange rule changes and proposals from February 8 to February 12.

The CFTC Division of Swap Dealer and Intermediary Oversight issued no-action relief from registration for persons located outside the United States who act as introducing brokers, commodity trading advisors or commodity pool operators in connection with swaps that are not subject to a CFTC clearing requirement on behalf of persons located outside of the United States.

The Office of the Comptroller of the Currency ("OCC") updated and replaced the March 1990 version of the "Installment Lending" booklet, and the March 2008 version of the "Country Risk Management" booklet contained in the Comptroller's Handbook.

In the final episode of its podcast series titled "Fall 2015 Firm Element Advisory," FINRA covered new and updated items concerning firm element training plans.