Sanctions for violations of Rule 105 of Reg M by a fund selling short in connection with an offering. [SL Comment: There is very little discussion of the facts, beyond the minimum. It is interesting to note that the SEC reiterates the statement in a footnote that a person may "wilfully" violate the law even though the person does not know the law; i.e., ignorance of the law is no defence to liability]. Cross Reference(s): Exchange Act Section 21C; Advisers Act Section 203(e); Rule 105 of Reg M(Distributions). For a discussion of Regulation M, see the Broker-Dealer Guide, Trading Chapter. View

Process for Submissions for Review of Security-Based Swaps for Mandatory Clearing; Technical Amendments; Correction On July 13, 2012, the SEC published a document in 77 FR 41602, concerning, among other things, the process for submissions for review of security-based swaps for mandatory clearing and notice filing requirements for clearing agencies. The document contained typographical errors. The SEC is publishing this correction to the preamble and the general authority as well as a clarification concerning the Office of Management and Budget control number for Rule 3Ca-1 under the Exchange

Extending the operation of the Pilot Program that allows Nasdaq stock market securities to be traded on an exchange. View release in full here (links externally to SEC website).

The proposed change will make the tracking order process available only for orders that are eligible to route to an away market. View release in full here (links externally to SEC website).

View release in full here (links externally to SEC website).