The Federal Reserve Board announced that results from the Dodd-Frank supervisory stress tests will be released on Thursday, March 7, and the related results from the Comprehensive Capital Analysis and Review ("CCAR") will be released on Thursday, March 14. The Dodd-Frank supervisory stress test results will include data such as capital ratios, revenue, and loss estimates. The tests are being performed under a severely adverse scenario and assume a common set of capital actions that are used in the analysis of all of the firms. The standardized capital actions used in the Dodd-Frank stress test

House Financial Services Committee Chairman Jeb Hensarling has released a statement regarding the U.S. Court of Appeals for the D.C. Circuit's ruling invalidating President Obama's recess appointments of three members of the National Labor Relations Board. In his statement, Chairman Hensarling criticized the similar recess appointment of Richard Cordray as head of the CFPB. The gist of the statement as applied to the CFPB reads as follows: "As it is currently structured, the CFPB is the most powerful and least accountable agency in all of Washington. The Dodd-Frank Act places the CFPB under

Th e SEC approved amendments to FINRA Rule 8210. The amendments are intended to: clarify the scope of FINRA's authority under Rule 8210 to inspect and copy the books, records and accounts of member firms, associated persons and persons subject to FINRA's jurisdiction; specify the method of service for certain unregistered persons under the rule; and authorize service of requests under the rule on attorneys who are representing firms, associated persons or persons subject to FINRA's jurisdiction. Effective Date: February 25, 2013. Click hereto view regulatory news and text of amended rule

The MSRB held its quarterly meeting (January 23-25), in which it approved several initiatives, including: the display of municipal market benchmarks on its transparency website, and rules to enhance investor and issuer protection in the municipal securities market. Click here to view notice in full (links externally to MSRB website).

In light of recent changes to the CFTC Part 4 Regulations, NFA is requiring every CPO Member that operates a commodity pool which is also a Registered Investment Company to notify NFA of that fact through the CPO's annual questionnaire. The CPO Questionnaire can be accessed at the following web address: http://www.nfa.futures.org/NFA-electronic-filings/annual-questionnaire…. Click here to view notice in full (links externally to NFA website). See also: Commodity Pool Operators and Commodity Trading Advisors: Compliance Obligations (CFTC Final Rule).