The CFTC reached an agreement with the European Commission on a common approach to requirements for central clearing counterparties ("CCPs").
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The SEC named C. Dabney O'Riordan and Alka Patel as Associate Directors for Enforcement. They will oversee the Los Angeles office's enforcement efforts in southern California, Arizona, Nevada, and Hawaii.
The SEC Division of Trading and Markets issued a no-action letter to FINRA amending the conditions under which foreign equity securities may be treated as having a ready market under the net capital rule.
ISDA reports that the Committee on Payments and Market Infrastructure and IOSCO will hold a workshop on the development of global data standards for derivatives.
FINRA proposed new rules to reduce the synchronization tolerance for FINRA members' computer clocks that record events in National Market System securities, including standardized options and OTC Equity Securities.