In this issue:

- SEC Approves FINRA Rule Limiting Expungement

- CFTC Issues No-Action Relief from Certain Ownership and Control Reporting Requirements

- CFTC Releases Rule Enforcement Review of ICE Futures U.S.

- SEC Issues Guidance on Proxy Voting

- District Court Reaffirms Rule 10b5-1 Standard and Denies Motion to Dismiss Insider Trading Charges

- SEC Settles Third-Party Insider Trading Claim Against Investor Relations Executive

- Excerpt from CFTC Issues No-Action Relief from Certain Ownership and Control Reporting Requirements:

On November 18, the Commodity Futures Trading Commission adopted rules modifying its ownership and control reporting requirements. Specifically, the CFTC adopted (i) a new Form 71 to collect information regarding omnibus accounts that exceed a specified volume threshold; (ii) a revised Form 40/40S (Reporting Traders); and (iii) a revised Form 102 (Special Accounts), which has three parts: Form 102A (special accounts), Form 102B (volume threshold accounts) and Form 102S (swaps). The new reporting requirements were to be effective August 15, 2014.