The Cabinet Regulatory Tracker provides a list of upcoming effective dates, comment deadlines and compliance dates. Click on the links below to view deadlines from April 1 to April 15, 2017.

For continuous real-time updates, please consult the Cadwalader Cabinet Regulatory Calendar.

Effective Dates

  • April 1: Office of the Comptroller of the Currency ("OCC") revisions to remove certain outdated or otherwise unnecessary provisions.
  • April 1: OCC final rule to prohibit national banks and federal savings associations from dealing or investing in industrial or commercial metals.
  • April 1: FDIC final rule to facilitate prompt payment of FDIC-insured deposits when large insured depository institutions fail.
  • April 1: Board of Governors of the Federal Reserve System final rule to implement public disclosure requirements for the liquidity coverage ratio rule.
  • April 3: FERC Reliability Standard BAL-002-2 ("Disturbance Control Standard – Contingency Reserve for Recovery from a Balancing Contingency Event"), which was submitted by the North American Electric Reliability Corporation. The standard is intended to ensure that balancing authorities and reserve-sharing groups balance resources, and demand and return their Area Control Error to defined values following a Reportable Balancing Contingency Event.
  • April 3: FINRA amendments to require most parties to use the FINRA Office of Dispute Resolution Party Portal to submit documents and view arbitration case information.
  • April 3: FINRA final rule to adopt a new, consolidated rule governing accounts opened or established by associated persons at firms other than the firm at which they are employed.
  • April 14: FINRA final rule set for firms that meet the definition of "capital acquisition broker" and that elect to be governed under this rule set.

Comment Deadlines

  • April 4: FINRA proposal that would modify the date of Appendix B website data publication pursuant to the Regulation NMS Plan to Implement a Tick Size Pilot Program.
  • April 5: Consumer Financial Protection Bureau proposal that would delay the October 1, 2017 effective date of the rule governing Prepaid Accounts under the Electronic Fund Transfer Act (" Regulation E"), and the Truth in Lending Act (" Regulation Z"), by six months until April 1, 2018.
  • April 10: Federal Energy Regulatory Commission ("FERC") proposal that would require each regional transmission organization and independent system operator currently allocating the costs of real-time uplift because of deviations to allocate such real-time uplift costs only to those market participants whose transactions are reasonably expected to have caused the real-time uplift costs.
  • April 10: FERC proposal that would approve Reliability Standard PRC-012-2 ("Remedial Action Schemes"), which was submitted by the North American Electric Reliability Corporation. The purpose of proposed Reliability Standard PRC-012-2 is to ensure that remedial action schemes do not introduce unintentional or unacceptable reliability risks to the bulk electric system.

Compliance Deadlines

  • April 3: FINRA annual audit report filing deadline for the period ending on January 31, 2017.
  • April 11: SEC final amendments to establish enhanced standards for the operation and governance of those clearing agencies registered with the SEC that meet the definition of "covered clearing agency."

For general information about the Cabinet, please contact Steven Lofchie.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.