The CFTC issued an order against an interdealer broker - RP Martin Holdings Limited and its subsidiary Martin Brokers (UK) Limited (collectively, "RP Martin") - filing and settling charges of manipulation, attempted manipulation, false reporting, and aiding and abetting derivatives traders' acts of manipulation and attempted manipulation of Yen LIBOR. According to the CFTC Order, brokers on the Yen desk of RP Martin knowingly disseminated false and misleading information concerning Yen borrowing rates to market participants. This action was allegedly done in an attempt to manipulate, at times

The SEC announced that Gina Talamona was named communications director. Prior to joining the SEC, Ms. Talamona served at the U.S. Department of Justice. Ms. Talamona has been a spokesperson for various litigating divisions, developed and implemented media strategies for high-profile law enforcement and policy matters, and has extensive experience working with business media. See: SEC Press Release.

The SEC published in the Federal Register its order approving an MSRB-proposed rule change regarding revisions to MSRB Rule G-30 ("Prices and Commissions") and the deletion of MSRB Rule G-18 ("Execution of Transactions"). The rule amendments are intended to codify and streamline the existing fair-pricing obligations of brokers, dealers and municipal securities dealers into one rule by combining Rule G-18 and G-30 and consolidating the existing interpretive guidance in MSRB Rule G-17 ("Conduct of Municipal Securities and Municipal Advisory Activities"). The revised Rule G-30 states that

SIFMA Executive Vice President Randy Snook delivered opening remarks at the SIFMA Market Structure Conference in which he discussed how to improve the equity markets by (i) increasing the resiliency of market infrastructure, (ii) revisiting the mechanism for disseminating market data, and (iii) increasing transparency and disclosure about order routing and execution practices. Mr. Snook stated that SIFMA has called repeatedly for a comprehensive review of equity market structure, and recent public commentary "shows the importance of acknowledging the complexity of the modern equity markets and

SIFMA submitted comments to the SEC in support of a proposal for the adoption of new FINRA Rule 2081, which would prohibit member firms and associated persons from conditioning or seeking to condition the settlement of a dispute with a customer on, or to otherwise compensate the customer for, their agreement to consent to the firm or associated person's request to expunge such customer dispute information from the Central Registration Depository System. According to SIFMA, the proposed rule is "appropriately tailored and designed to discourage the practice of conditioning settlement agreements