Securities Operations Advisory Group Content

[27448] August 8, 2013 TO: SECURITIES OPERATIONS ADVISORY GROUP RE: CFTC ISSUES FINAL INTERPRETIVE GUIDANCE AND POLICY STATEMENT REGARDING COMPLIANCE WITH CERTAIN SWAP REGULATIONS AND EXEMPTIVE ORDER; NON-U.S. PUBLICLY OFFERED FUNDS EXCLUDED FROM DEFINITION OF U.S. PERSON   On July 12...

  [27426]   July 31, 2013 TO: SECURITIES OPERATIONS ADVISORY GROUP RE: CFTC STAFF PROVIDES NO-ACTION RELIEF FOR CERTAIN COMMODITY TRADING ADVISORS AND INVESTMENT ADVISERS FROM PROHIBITION OF AGGREGATION OF ORDERS FOR LARGE NOTIONAL OFF-FACILITY SWAPS   On July 30, 2013, the Division...

  [27425] July 31, 2013 TO: SECURITIES OPERATIONS ADVISORY GROUP RE: ICI FILES COMMENT LETTER WITH SEC ON FINRA’S PROPOSED CONSOLIDATED SUPERVISORY RULES   As we previously advised you, [1] FINRA recently filed with the SEC a proposal that, among other things, would adopt a new FINRA...

[27424] July 31, 2013 TO: SECURITIES OPERATIONS ADVISORY GROUP RE: SEC STAFF ISSUES GUIDANCE REGARDING COUNTERPARTY RISK MANAGEMENT PRACTICES WITH RESPECT TO TRI-PARTY REPO   The Securities and Exchange Commission’s Division of Investment Management has issued guidance for money...

[27375] July 15, 2013 TO: SECURITIES OPERATIONS ADVISORY GROUP RE: CFTC GRANTS PARTIAL RELIEF IN RESPONSE TO REQUEST BY ICI AND SIFMA AMG TO EXTEND COMPLIANCE DATE FOR CERTAIN FX TRANSACTIONS   On June 27, 2013, the Division of Swap Dealer and Intermediary Oversight (“Division”) of...

[27182] April 15, 2013 TO: SECURITIES OPERATIONS ADVISORY GROUP RE: DRAFT ICI LETTER ON PETITION FOR RULEMAKING TO SHORTEN REPORTING DEADLINE UNDER SECTION 13(F) OF THE EXCHANGE ACT   As you may be aware, NYSE Euronext, along with the Society of Corporate Secretaries and Governance...

[27173] April 10, 2013 TO: CLOSED-END INVESTMENT COMPANY MEMBERS No. 32-13 DERIVATIVES MARKETS ADVISORY COMMITTEE No. 29-13 INVESTMENT ADVISER MEMBERS No. 25-13 SEC RULES MEMBERS No. 36-13 SECURITIES OPERATIONS ADVISORY GROUP RE: CFTC STAFF PROVIDES TIME-LIMITED NO-ACTION RELIEF FROM...

[27082] March 7, 2013 TO: SECURITIES OPERATIONS ADVISORY GROUP RE: U.S. LAWMAKERS INTRODUCE FINANCIAL TRANSACTION TAX PROPOSAL IN CONGRESS Harkin and DeFazio Introduce FTT Bill Rep. Pete DeFazio (D-Oregon) and Sen. Tom Harkin (D-Iowa) have introduced legislation to impose a financial...

[27081] March 7, 2013 TO: SECURITIES OPERATIONS ADVISORY GROUP RE: FINANCIAL TRANSACTION TAX (“FTT”) PROPOSAL UNDER EUROPEAN UNION ENHANCED COOPERATION PROCEDURE; RELATED COALITION LETTER Details of the EU FTT Proposal Released The European Commission (“EC”) has released a detailed...

[27009] February 14, 2013 TO: SECURITIES OPERATIONS ADVISORY GROUP RE: NFA REQUESTS MANDATORY RESPONSE FROM ANY CPO TO REGISTERED INVESTMENT COMPANIES BY FEBRUARY 15; ICI SEEKS RELIEF TO ALLOW NETTING OF UNCLEARED SWAPS UNDER CFTC RULE 4.5   This memorandum briefly describes two...