The SEC will hold an Open Meeting regarding whether to propose rules to eliminate the prohibition against general solicitation and general advertising in securities offerings conducted pursuant to Rule 506 in Regulation D under the Securities Act and Rule 144A under the Securities Act, as mandated by Section 201(a) of the JOBS Act. Cross-Reference(s): JOBS Act Section 201(a); Securities Act Rules 506 and 144A. (Also: do a search on the JOBS Act from the items on the left to see a number of related news items.) View news release in full here (links externally to SEC website).

In this blog, Representative Blaine Luetkemeyer asserts that the CFPB has not helped consumers, and suggests that the "400 new rules and mandates" [imposed by Dodd-Frank] are restricting access to credit and "drowning our small business owners." He goes on to conclude that sections of Dodd-Frank must be repealed in order to create a sense of certainty in the economy. View blog post here(links externally to the House Committee on Financial Services website).

C2: Effective Immediately - Proposed Rule Change Making Technical, Non-Substantive Clarifications to Its Fees Schedule C2: Effective Immediately - Proposed Rule Change Relating to Its Automatic Order Handling Process CBOE: Effective Immediately - Proposed Rule Change Relating to Its Automatic Order Handling Process CBOE: Effective Immediately - Proposed Rule Change to Amend the CBOE Stock Exchange Fees Schedule CME: Accelerated Approval of a Proposed Amendment - Rules to Facilitate Customer Portfolio Margining of Interest Rate Futures and Interest Rate Swaps DTC: Accelerated Approval of a

The Division of Market Oversight issued an interpretation addressing whether, under Part 151 of the Commission's regulations, an electric company may treat as a bona fide hedging transactions certain derivative transactions that reduce the price risk associated with its unfilled anticipated requirements for natural gas, even though it has entered into some long-term, firm purchases of natural gas at an unfixed price. The interpretation notes that unfilled anticipated requirements may be recognized as the basis of a bona fide hedging position or transaction under Commission Regulation 151.5(a)

The FRB issued a notice intended to help ensure that the Dodd-Frank rulemaking process is conducted in a fair and transparent manner. According to the notice, the staff of the Federal Reserve Board who communicate with the public on any matter subject to proposed rulemaking under Dodd-Frank will submit a written summary of the rulemaking meeting. Contacts and meeting summaries will be posted on the following FRB webpages based upon the content of the rulemaking or proposals: Systemic Designations, Enhanced Prudential Standards, and Banking Supervision and Regulation Derivatives Markets and