SEC Chair Mary Jo White delivered a speech at the Securities Enforcement Forum which focused on the SEC's efforts to enhance its enforcement program's presence in the marketplace by pursuing both big and small violations of federal securities laws. Chair White touted the so-called "broken window" theory of regulation, stating that it is important for the SEC to pursue minor legal violations, as they can feed into larger ones, and highlighting that even violations such as control failures, negligence-based offenses, and violations of prophylactic rules with no intent requirement must be pursued

SIFMA submitted a comment letter to Speaker Boehner (R-OH) and Congresswoman Pelosi (D-CA) expressing strong support for H.R. 992. The House Bill relates to Dodd-Frank Section 716 ("Prohibition against Federal Government Bailouts of Swaps Entities") (also known as "Lincoln" or "push out"), which requires commercial banks to push out or remove certain swaps activities from the bank and establish and capitalize a separate affiliate. As a result of this section, SIFMA's position is that financial institutions could no longer be eligible for netting and other efficiencies, and SIFMA clients will

The SEC launched a new website to provide investors and others with the ability to interactively explore a range of new market metrics, and access empirical research and analyses that inform the broader public debate on market structure. The new website will serve as a central location for the SEC to publicly share data, research and analysis as the agency continues its review of the equity of market structure. The information on the website includes data from the internal Market Information Data Analytics System ("MIDAS"), which the SEC launched earlier this year. The new website allows users

The National Futures Association ("NFA") released a notice reminding members that Columbus Day, October 14, 2013, will impact regulatory filings. Members should be aware of the following information regarding regulatory filings: Daily segregated, 30.7 secured, cleared swaps customer collateral and daily forex statements prepared as of October 11, 2013 are required to be submitted by 12:00 noon on October 14, 2013; Daily segregated, 30.7 secured, cleared swaps customer collateral and forex statements are required to be prepared as of October 14, 2013 and submitted by 12:00 noon on October 15

Janet Yellen was nominated by President Obama to serve as Chair of the Board of Governors of the Federal Reserve System ("FRB"). See: Janet Yellen Statement; Ben Bernake Statement. See also: Chairman Hensarling Statement.