The CFTC issued notices indicating that individuals may submit whistleblower award claims for actions against (i) WorldPMX Inc. and Sean F. McCabe, and (ii) Peak Capital Group Inc., Peak Capital Management Group, Inc. and Scott A. Beatty. The whistleblower notices apply to CFTC enforcement actions resulting in monetary sanctions exceeding $1 million, where the judgment or order is issued after July 21, 2010. Individuals who voluntarily provide the CFTC with original information after July 21, 2010 that leads to the successful enforcement of a Covered Action are eligible to claim a

The SEC announced it has named Kevin M. Kelcourse as the associate director for the Office of Compliance Inspections and Examinations in Boston. See: SEC Press Release.

The International Organization of Securities Commissions ("IOSCO") published a consultation report titled, IOSCO Task Force on Cross-Border Regulation, that identifies and describes cross-border regulatory tools and challenges. The consultation report describes cross-border regulatory tools that have been used, or are under consideration, by IOSCO members. The report addresses the challenges IOSCO members face in protecting investors, maintaining market quality, and reducing systemic risk. These tools provide the basis for developing a cross-border regulatory toolkit and common terminology

The CFTC Division of Clearing and Risk issued no-action relief to eligible treasury affiliates entering into swaps that are subject to the clearing requirement in CEA Section 2(h)(1) and CFTC Rules Part 50. The no-action letter modifies relief previously issued for treasury affiliates on June 4, 2013 in CFTC Letter 13-22. As with Letter 13-22, Letter 14-144 provides relief from required clearing for "eligible treasury affiliates" that are wholly-owned by a non-financial parent company, and are "financial entities" under CEA Section 2(h)(7)(C)(i)(VIII) because of the activities undertaken on

The SEC charged HSBC's Swiss-based private banking arm with violating federal securities laws by failing to register with the SEC before providing cross-border brokerage and investment advisory services to U.S. clients. According to the SEC's order, HSBC Private Bank personnel traveled to the United States on at least 40 occasions to solicit clients, provide investment advice and induce securities transactions; however, these relationship managers were not registered to provide such services, nor were they affiliated with a registered investment adviser or broker-dealer. The SEC also found