The Federal Deposit Insurance Corporation ("FDIC") and other banking agencies proposed revisions to the regulatory capital components and ratios portion of Schedule RC-R, "Regulatory Capital," of the Consolidated Reports of Condition and Income ("Call Report"). Additionally, the agencies proposed to revise the FFIEC 101, Risk-Based Capital Reporting for Institutions Subject to the Advanced Capital Adequacy Framework, which generally applies to institutions with consolidated total assets of $250 billion or more, or consolidated total on-balance sheet foreign exposure of $10 billion or more

The CFTC obtained an Order of default judgement and permanent injunction against CFTC-registered independent Introducing Broker, iFinix Futures, Inc. ("iFinix"), and its senior executive officer, Benhope Marlon Munroe, for making false statements to the National Futures Association ("NFA") and failing to meet minimum financial requirements. The CFTC Order alleged that Munroe and iFinix willfully provided at least five falsified bank account documents to the NFA during its audit of iFinix in order to conceal iFinix's failure to maintain adequate capital in July 2011. The Order also stated that

CFTC Commissioner Scott D. O'Malia issued a statement of support in response to the Division of Enforcement's ("DOE") decision to seek CFTC approval of the extension of omnibus orders through a CFTC vote rather than by absent objection. Commissioner O'Malia stated that he believed the absent objection process "sought to circumvent the powers of the Commission," and that he is pleased the DOE reconsidered the policy. See: Commissioner O'Malia's Statement.

CFTC Commissioner Scott O'Malia spoke at the Global Forum for Derivatives Markets regarding regulatory harmonization, among other topics. The Commissioner began by highlighting his concerns regarding the CFTC Cross-Border Guidance that was finalized in July. He stated that the guidance failed to justify its overbroad extraterritorial reach under the statute's "direct and significant standard," noting that this standard was meant to act as a limit on the CFTC's authority, not "to bring the world under the Commission's jurisdiction." Additionally, Commissioner O'Malia stated that the CFTC should

SIFMA filed a reply brief in connection with its application for review of certain NYSE and other exchange data fees. SIFMA's brief focuses on procedural issues, including whether exchange market data is a service offered by the exchanges and, therefore, whether market data fees can be challenged under Exchange Act Section 19(d) ("Registration, Responsibilities, and Oversight of Self-Regulatory Organizations"). Assuming a challenge can be made, the brief also focused on the applicable standard of review. SIFMA argues that the plain language of Section 19(d) makes it clear that the SEC must