February 3, 2011 The federal bank and thrift regulatory agencies announced proposed changes today to reporting requirements for savings associations and savings and loan holding companies regulated by OTS. The proposed changes include a change from quarterly Thrift Financial Reports to quarterly Consolidated Reports of Condition and Income, commonly known as Call Reports. Cross References Press Release
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SEC Investor Bulletin February 8, 2011 The SEC's Office of Investor Education and Advocacy issued an "Investor Bulletin" to help educate investors as to margin rules applying to day traders. The two-page alert is intended to provide consumers with a basic understanding of the margin rules as they apply to day traders. Cross References Fed Regulation T FINRA Rule 4210
MFA submitted a comment letter to the CFTC on "Reporting, Recordkeeping, and Daily Trading Records Requirements for Swap Dealers and Major Swap Participants." MFA recommended that the CFTC make careful and appropriate distinctions between the requirements for swap dealers ("SDs") and those for major swap participants ("MSPs") to reflect the fundamental differences in their businesses, structures and characteristics. In particular, MFA requested that the CFTC make certain changes to the proposed rule so that MSPs are not generally required to maintain certain records and information that are
February 2, 2011 The memorandum reflects the following changes: Effective February 2, 2011, MF Global Inc. has been added to the list of primary dealers. Effective February 2, 2011, SG Americas Securities, LLC has been added to the list of primary dealers. Cross References Administration of Relationships with Primary Dealers (Jan. 11, 2010)
February 1, 2011 The Federal Reserve Board announced that it does not expect to finalize three pending rulemakings under Regulation Z, which implements the Truth in Lending Act, prior to the transfer of authority for such rulemakings to the Consumer Financial Protection Bureau.