Page 9 - May 2017 Regulatory Review

CFTC Announces Adoption of Revised Business Startups (JOBS) Act. To effectuate inflation
Registration Form 8-R. adjustments required under Title I and Title III of the
JOBS Act, SEC is also adopting new rules that
CFTC is revising its Form 8–R, the application form include an inflation-adjusted threshold in the
that individuals must use to register with CFTC as an definition of the term emerging growth company, as
associated person of a registrant, floor broker, or well as amendments to adjust the dollar amounts in
floor trader, or to be listed as a principal of a Regulation Crowdfunding. The final rule is effective
registrant. The new, revised version of Form 8–R 04/12/2017. The notice may be viewed at:
shall be effective (and the prior version shall cease to https://www.gpo.gov/fdsys/pkg/FR-2017-04-
be effective) when the National Futures Association 12/pdf/2017-06797.pdf. Federal Register, Vol. 82,
(NFA) makes the new, revised version of the Form No. 69, 04/12/2017, 17545-17557.
8–R available on the NFA website for use by
individual applicants. The notice may be viewed at: SEC Requests Comment on Joint
https://www.gpo.gov/fdsys/pkg/FR-2017-04- Standards for Assessing Diversity Policies
28/pdf/2017-08558.pdf. Federal Register, Vol. 82, and Practices of Entities Regulated by the
No. 81, 04/28/2017, 19665-19667. Agencies.

CFTC Requests Comment on SEC has issued a notice to announce it seeks
Information Collections. comment on the information collection titled Joint
Standards for Assessing Diversity Policies and
• CFTC has issued a notice to announce it seeks Practices of Entities Regulated by the Agencies. SEC
comment on the extension and revision of the is also giving notice that it has sent the collection to
information collection titled Adaption of OMB for review. Comments are due 05/11/2017. The
Regulations to Incorporate Swaps—Records of notice may be viewed at:
Transactions. CFTC is also giving notice that it https://www.gpo.gov/fdsys/pkg/FR-2017-04-
has sent the collection to OMB for review. 11/pdf/2017-07249.pdf. Federal Register, Vol. 82,
Comments are due 05/11/2017. The notice may No. 68, 04/11/2017, 17489-17490.
be viewed at:https://www.gpo.gov/fdsys/pkg/FR-
2017-04-11/pdf/2017-07183.pdf. Federal SEC Extends Comment Period for
Register, Vol. 82, No. 68, 04/11/2017, 17413- Possible Changes to Statistical Disclosures
17414. by Bank Holding Companies.

• CFTC has issued a notice to announce it seeks SEC has issued a notice that it is extending the
comment on the extension and revision of the comment period for disclosures called for by Industry
information collections titled Registration Under Guide 3, Statistical Disclosure by Bank Holding
the Commodity Exchange Act, and Registration Companies. The original comment period was
of Swap Dealers and Major Swap Participants. scheduled to end on 05/08/2017. Comments are now
CFTC is also giving notice that it has sent the due 07/07/2017. The notice may be viewed at:
collection to OMB for review. Comments are https://www.gpo.gov/fdsys/pkg/FR-2017-04-
due 07/27/2017. The notice may be viewed at: 24/pdf/2017-08160.pdf. Federal Register, Vol. 82,
https://www.gpo.gov/fdsys/pkg/FR-2017-04- No. 77, 04/24/2017, 18877.
28/pdf/2017-08559.pdf. Federal Register, Vol.
82, No. 81, 04/28/2017, 19663-19665.
FASB Issues Federal Financial
SEC Finalizes Rule on Inflation Accounting Technical Release 17.
Adjustments and Other Technical The Federal Accounting Standards Advisory Board
Amendments under Titles I and III of the (FASB) has issued Statement of Federal Financial
Jobs Act. Accounting Technical Release 17: Conforming
Amendments to Technical Releases for SFFAS 50,
The Securities and Exchange Commission (SEC) has Establishing Opening Balances for General Property,
issued a final rule adopting technical amendments to Plant, and Equipment. The statement is available on
conform several rules and forms to amendments the FASB website at:
made to the Securities Act of 1933 and the Securities http://www.fasab.gov/accounting-standards/. Copies
Exchange Act of 1934 by Title I of the Jumpstart Our

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