The Form PF and PFRD (Private Fund Reporting Depository) Homepage is now available on the SEC website with current information about Form PF, PFRD, electronic filing and related information for SEC Registered Investment Advisers. (Note: PFRD is a subsystem of the IARD system.) PFRD FIling Fees: $150 for each Annual Report $150 for each Quarterly Report View SEC page here.

The Division will not recommend enforcement action to the SEC if Royal Bank of Canada and RBC Covered Bond Guarantor Limited Partnership register the offer and sale of Covered Bonds and the related Guarantee under the Securities Act of 1933, using Form F-3, where the Bank would be eligible to use such form. SEC No-Action Letter Date of Letter: 5/18/2012

The CFTC obtained a federal court consent order of permanent injunction requiring defendant, Kent R.E. Whitney (Whitney), a former floor broker of Chicago, Ill., to pay a $600,000 civil monetary penalty for making false and misleading statements to Chicago Mercantile Exchange (CME) representatives, futures commission merchants (FCMs), and others in connection with an elaborate scheme to trade options without posting the required margin. View release in full here (links to CFTC website).

See: 77 FR 30596 The CFTC and SEC have jointly adopted rules to further define the terms relating to certain entities, i.e., "swap dealer," "security-based swap dealer," "major swap participant," "major security-based swap participant," "security-based swap dealer," "major security-based swap participant," which were added to the CEA and the Exchange Act by the Dodd-Frank Act, and "eligible contract participant," which is currently defined in CEA Section 1a(18). The entity definitions constitute a significant component of the regulatory regime that Dodd-Frank imposes on the OTC derivatives

The latest Advisers Act Enforcement Action -- James E. Putman; IA-3407 (released 05/23/2012).