Representatives Phil Roe (R-TN), Richard Neal (D-MA), Peter Roskam (R-IL), and Michelle Lujan Grisham (D-NM) outlined a "series of legislative principles that will help strengthen the retirement security of working families and ensure retirement advisors protect their clients' best interests." These representatives serve on the House Education and the Workforce Committee. The bipartisan group articulated the following principles: Promoting families and individuals saving for a financially-secure retirement is an essential public policy good; Retirement advisors must serve in their clients'

FINRA issued an investor alert titled "Tools of the Fraud Trade: Phones and Emotions." The alert warns investors not to send money or provide personal information associated with a widespread IRS impersonation scam timed to coincide with the October 15 deadline for anyone who filed a federal tax extension this past April.

The SEC charged a trader whose false tweets caused "sharp drops in the stock prices of two companies and triggered a trading halt in one of them" with violations of Securities Exchange Act Section 10(b) ("Manipulative and Deceptive Devices") and Rule 10b-5 ("Employment of Manipulative and Deceptive Devices"). The complaint seeks a permanent injunction against future violations, disgorgement, and a monetary penalty.

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 November 2 to November 6. Business Continuity: BOX: Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Adopt Business Continuity and Disaster Recovery Plans (BC/DR plans) Testing Requirements for Certain Options Participants in Connection with Regulation Systems Compliance and Integrity ("Regulation SCI") (Release No. 34-76367; File No. SR-BOX-2015-35; November 5, 2015); see also Exhibit 5 CHX: Notice of

FINRA and the other U.S. members of the Intermarket Surveillance Group ("ISG") extended the effective date for compliance with certain data elements for Electronic Blue Sheets ("EBS") identified in Regulatory Notice 13-38 to November 1, 2017. FINRA and ISG specified that they are extending the effective date for these data elements to be consistent with the exemptive relief recently granted by the SEC, which extended the compliance date for certain broker-dealer recordkeeping and reporting requirements of Securities Exchange Act Rule 13h-1 ("Large Trader Rule") from November 1, 2015 to