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The MSRB published a regulatory notice requesting public input on its strategic long-term priorities as part of its two-year planning cycle. The MSRB is seeking input on the following activities: regulating municipal securities dealers and municipal advisors; enhancing market efficiency; operating market transparency systems; and providing education, outreach and market leadership. MSRB requests that when providing feedback, commenters be as specific as possible and provide relevant data and information on particular issues and topics. The deadline for submitting comments is October 23, 2014

The Federal Energy Regulatory Commission ("FERC") announced that it will hold a workshop to discuss with industry stakeholders existing market rules and operational practices involving price formation issues in energy and ancillary services markets operated the Regional Transmission Organizations ("RTOs") and Independent System Operators ("ISOs"). The workshop, which will be held on October 28, 2014, will address technical, operational, and market issues regarding price mitigation. The workshop will also address offer price caps, and scarcity and shortage pricing in energy and ancillary

The SEC announced that Victor J. Valdez has been named Chief Operating Officer and Managing Executive of the SEC Enforcement Division. In his new role, Mr. Valdez will oversee project management, information technology, human capital strategy and risk management, among other functions. See: SEC Press Release.

The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency issued a request for comment on their proposed revisions to the "Interagency Questions and Answers Regarding Community Reinvestment." The revisions address questions raised by bankers, community organizations and others regarding the Community Reinvestment Act regulations. Comments will be due 60 days after the publication of the proposed revisions in the Federal Register, which is expected shortly. See: Text of the Proposed Revisions; Joint Agency

Bob Zwirb Commentary by Bob Zwirb

The CFTC Division of Swap Dealer and Intermediary Oversight issued a no-action letter for CPOs of certain commodity pools that are non-registered investment companies ("Parent Pools") that use wholly owned trading subsidiaries to trade commodity interests ("Trading Subsidiaries"). The letter grants no-action relief to a CPO for failure to provide the following: a separate annual report for a Parent Pool's Trading Subsidiary to the National Futures Association ("NFA"), pursuant to CFTC Rule 4.7(b) or 4.22(c); and a separate CPO-PQR report for a Parent Pool's Trading Subsidiary to NFA, pursuant