Highlights Recently Published Regulatory Notices 13 April – 24 April 2015


CBOE issues compliance date for rule amendments related to Complex Option orders and proposes to introduce Asian and Cliquet styles of Settlement for FLEX Broad Based Index Options.

The long awaited Fiduciary Rule proposal, with accompanying exemptions, was published by the Department of Labor. The exemptions deals with Best Interest contract and Principal Transactions in certain debt securities.

Revisions to its fee schedule to reduce and change the structure of its “Long Position” Custody Fee was announced by DTC.

FINRA hosted an industry-wide conference call on OATS changes it will be making in September 2015 as announced in an OATS Notice.

TRACE published updated File Download Specifications for Corporate, Agency and Securitized products, effective June 1, 2015.

New Rule G-42 was published by MSRB which will address duties of a Non-Solicitor Municipal Advisor.

Changes related to processing of orders around the Market Close have been postponed by Nasdaq. A new effective date will be announced at a later date.

OCC is requesting comment from investors on current and potentially new methods in which to calculate Cash-in-Lieu.

The SEC’s Office of Compliance Inspection and Examination and FINRA issued a report on a joint examination program they conducted related to Senior Investors.