The Division staff will discuss matters concerning the following:

• Prohibition Against Fraud, Manipulation, or Deception in Connection with Security-Based Swaps; Prohibition against Undue Influence over Chief Compliance Officers
• Removal of References to Credit Ratings from Regulation M
• Joint Industry Plan: Amendment to the National Market System Plan Governing the Consolidated Audit Trail

More specifically, the staff will consider whether the SEC should:

• adopt rules under the Securities Exchange Act of 1934 that are designed to prevent fraud, manipulation, and deception in connection with transactions in security-based swaps as well as to prevent the personnel of a security-based swap dealer or major security-based swap participant from taking actions to coerce, mislead, or otherwise interfere with such entity’s chief compliance officer
• adopt rule amendments to Regulation M under the Exchange Act that remove certain existing rule exceptions that reference credit ratings and substitute in their place new exceptions that are based on alternative standards of creditworthiness
• approve a proposed amendment to the CAT NMS Plan to implement a revised funding model (Executed Share Model) for the consolidated audit trail (CAT) and to establish a fee schedule for Participant CAT fees in accordance with the Executed Share Model

For further information, contact the Division of Trading and Markets at (202) 551-5500 or the Office of the Secretary at (202) 551-5400.

Source:

Open Meeting (sec.gov)