The Asset Management Group of SIFMA ("SIFMA AMG") submitted comments to the Bureau of Economic Analysis. The comments voice SIFMA AMG's opposition to the proposal that all U.S. financial service providers must complete a BE-180 survey if they meet the survey's criteria. See: SIFMA AMG Comment Letter.

The SEC Office of Investor Education and Advocacy issued an investor bulletin, titled "Bankruptcy for a Public Company," intended to help investors understand what happens when a publicly traded company declares bankruptcy. The investor bulletin explains that, regardless of the type of bankruptcy filed by a company under Chapter 7 or Chapter 11, any common stock in that bankrupt company is likely to be worthless, since the common stock is "the last in line to receive what's available to be distributed in a bankruptcy proceeding." See: SEC Investor Bulletin.

The Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency announced that they would permit Wells Fargo and its subsidiary national banks to use the "advanced approaches" capital framework beginning in the second quarter of 2015. Under the framework, firms must meet specific risk-measurement and risk-management criteria when calculating their risk-based capital requirements. See: FRB Press Release.

The Federal Financial Institutions Examinations Council ("FFIEC") issued two joint statements to alert financial institutions to specific risk mitigation techniques. The techniques comprise a response both to destructive malware and to cyber attacks that attempt to compromise credentials. See: FFIEC's Statement on Destructive Malware; FFIEC's Statement on Cyber Attacks Compromising Credentials.

The CFTC announced that it will hold its first SmartCheck SM Week from April 6 to April 12, 2015. During this period, CFTC staff will endeavor to enable and encourage investors to check the backgrounds of financial professionals before investing money.