In this issue:

- SEC Requests Comment on FINRA Rules

- CFTC Issues Interpretation Regarding Auditor Independence Standards

- OTC Derivatives Regulators Group Issues Report to G20

- NFA Issues Notice to Members Regarding FATF Update

- Texas Department of Banking Issues Guidance on Treatment of Virtual Currency

- Mellanox Triumphs Over Investors’ Securities Fraud Suit

- Sixth Circuit Affirms Dismissal of Life Sciences Securities Suit

- OCC Issues “Asset-Based Lending” Booklet

- Agencies Issue Denial of Service Guidance and Guidance on ATMs

- OCC Issues Garnishment Guidance

- Agencies Issue Interim Final TruPs CDOs Rule, Effective April 1

- Excerpt from NFA Issues Notice to Members Regarding FATF Update:

On April 2, the National Futures Association (NFA) issued a notice to its members informing them that the Financial Action Task Force (FATF) has updated its list of jurisdictions with strategic anti-money laundering and counter terrorism financing (AML/CFT) deficiencies. The updated FATF list includes the following changes: (i) Kenya and Tanzania were removed from the list of high-risk and non-cooperative jurisdictions requiring enhanced due diligence as set forth in the FATF Public Statement; and (ii) Kenya, Tanzania, Papua New Guinea and Uganda were added to the list of high-risk and non-cooperative jurisdictions requiring general due diligence as set forth in FATF’s Improving Global AML/CFT Compliance: On-going Process.