The IRS added two new items to the FATCA FAQs that are posted on its website. Both new items clarify issues with respect to Intergovernmental Agreements ("IGAs"). A new Question 7 was added to the FAQs section on IGA Registration and clarifies that a non-reporting financial entity in a Model 1 IGA jurisdiction generally is treated as a certified deemed-compliant financial institution and does not need to register with the IRS except in certain special circumstances, such as if it is acting as a sponsoring entity or as lead FFI for one or more related entities, or is explicitly required to

FINRA issued an Information Notice announcing that individuals who are or have been registered as broker or investment adviser representatives can now access their Individual Snapshot Reports online. See: FINRA Information Notice.

FINRA filed a proposed rule change with the SEC to revise the operative date for the deletion of FINRA Rule 7740 ("Historical Research and Administrative Reports") pursuant to SR-FINRA-2014-032. See : Text of Proposed Rule Change.

The CME group entities issued disciplinary actions against a firm for violations of the rules of two of its exchanges relating to position change data and concurrent long and short positions. In CBOT 12-9037-BC, the CME imposed a total fine of $35,000 against the firm for submitting position adjustments to open interest in the August 2012 Soybean and May 2013 Soybean Oil futures contracts, resulting in the overstatement of open interest in violation of COMEX Rule 854.B. Additionally, the CME found that the firm reported inaccurate open interest positions in a June 2013 swap contract, resulting

The CFTC announced that the Global Market Advisory Committee will hold a public meeting on October 9, 2014 at the CFTC headquarters in Washington, D.C. to discuss issues related to non-deliverable forwards ("NDFs") and bitcoins. The meeting will feature two panels, the first of which will discuss whether a clearing mandate is appropriate for NDFs, with a particular focus on how such a mandate would affect foreign exchange contracts. The second panel will discuss the CFTC's jurisdiction with respect to derivatives contracts that reference bitcoin. See: CFTC Press Release.