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					                                                                                                                   Delaware Banker's Association
                                                                                                                  Regultory Compliance Committee
                                                                                                                  Regultory Report 8/1/09 - 10/2/09

Date Issued             Regulator                                                                               Description                                                                          Link            Type      Effective Date Comment Date Compliance Date

                                                                                                                                           Proposed
  8/13/09     Commodity Futures Trading      Account Class. The CFTC proposes amending its regulations to create a sixth and separate ``account class,'' applicable only to the bankruptcy of FR Doc E9-       Proposed Rule                    9/14/09
              Commission                     a commodity broker that is a futures commission merchant, for positions in cleared over-the-counter derivatives (and money, securities, and/or            18853
                                             other property margining, guaranteeing, and securing such positions). In general, the concept of ``account class'' governs the manner in which
                                             the trustee calculates the net equity (i.e., claims against the estate) and the allowed net equity (i.e., pro rata share of the estate) for each customer
                                             of a commodity broker in bankruptcy. The Commission further proposes amending the Regulations to codify the appropriate allocation, in a
                                             bankruptcy of any commodity broker, of positions in commodity contracts of one account class (and the money, securities, and/or other property
                                             margining, guaranteeing, or securing such positions) that are commingled with positions in commodity contracts of the futures account class
                                             (and the money, securities, and/or other property margining, guaranteeing, or securing such positions), pursuant to an order issued by the
                                             commission.
  8/20/09     Commodity Futures Trading      Notice of Intent, Pursuant to the Authority in Section 2(h)(7) of the Commodity Exchange Act and Commission Rule 36.3(c)(3), To Undertake            FR Doc E9-   Notice with                      9/4/09
              Commission                     a Determination Whether the Carbon Financial Instrument Contract Offered for Trading on the Chicago Climate Exchange, Inc., Performs a               20024        Request for
                                             Significant Price Discovery Function.                                                                                                                             Comment
  8/19/09     Department of Homeland         Recission of Safe-Harbor Procedures for Employers Who Receive a No-Match Letter. The Department of Homeland Security (DHS) proposes                  FR Doc E9-   Proposed Rule                    9/18/09
              Security                       to amend its regulations by rescinding the amendments promulgated on August 15, 2007, and October 28, 2008, relating to procedures that              19826
                                             employers may take to acquire a safe harbor from receipt of no-match letters. Implementation of the 2007 final rule was preliminarily enjoined
                                             by the United States District Court for the Northern District of California on October 10, 2007. After further review, DHS has determined to
                                             focus its enforcement efforts relating to the employment of aliens not authorized to work in the United States on increased compliance through
                                             improved verification, including participation in E-Verify, ICE Mutual agreement Between Government and Employers (IMAGE), and other
                                             programs.
  9/4/09      Department of Labor            Civil Penalties Under ERISA Section 502(c)(8). This document contains a proposed regulation that, upon adoption, would establish procedures FR Doc E9-            Proposed Rule                    11/3/09
                                             relating to the assessment of civil penalties by the Department of Labor under section 502(c)(8) of the Employee Retirement Income Security    21343
                                             Act of 1974 (ERISA or the Act). Under section 502(c)(8) of ERISA, which was added by the Pension Protection Act of 2006, the Secretary of
                                             Labor is granted authority to assess civil penalties not to exceed $1,100 per day against any plan sponsor of a multiemployer plan for certain
                                             violations of section 305 of ERISA. The regulation would affect multiemployer plans that are in either endangered or critical status.

  9/23/09     Equal Employment Opportunity   Regulations To Implement the Equal Employment Provisions of the Americans With Disabilities Act, as Amended. The Equal Employment                    FR Doc E9-   Proposed Rule                   11/23/09
              Commission                     Opportunity Commission proposes to revise its Americans with Disabilities Act (ADA) regulations and accompanying interpretive guidance in            22840
                                             order to implement the ADA Amendments Act of 2008. The Commission is responsible for enforcement of title I of the ADA, as amended,
                                             which prohibits employment discrimination on the basis of disability. Pursuant to the ADA Amendments Act of 2008, EEOC is expressly
                                             granted the authority to amend these regulations, and is expected to do so, in order to conform certain provisions contained in the regulations to
                                             the Amendments Act.
  9/4/09      Federal Accounting Standards   FASB Issues Exposure Draft for Proposed Accounting Standards Update, Improving Disclosures about Fair Value Measurements. The FASB                   FASB ED      Request for                     10/12/09
              Advisory Board                 has issued an Exposure Draft of a proposed Accounting Standards Update intended to improve disclosures about fair value measurements. The            8/28/09      Comment
                                             proposed Update would improve Fair Value Measurements and Disclosures—Overall Subtopic (Subtopic 820-10) of the FASB Accounting
                                             Standards Codification, originally issued as FASB Statement No. 157, Fair Value Measurements. The proposed Update would affect all entities
                                             that are required to make disclosures about recurring and nonrecurring fair value measurements.




                                                                                                                                         1 of 16
                                                                                                                     Delaware Banker's Association
                                                                                                                    Regultory Compliance Committee
                                                                                                                    Regultory Report 8/1/09 - 10/2/09

Date Issued              Regulator                                                                                 Description                                                                        Link            Type        Effective Date Comment Date Compliance Date

  9/16/09     Federal Deposit Insurance      Expiration of the Issuance Period for the Debt Guarantee Program; Establishment of Emergency Guarantee Facility. The FDIC is issuing this             FR Doc E9-   Proposed Rule                      10/1/09
              Corporation                    Notice of Proposed Rulemaking to present two alternatives for phasing out the Debt Guarantee Program (DGP), a component of the Temporary              22372
                                             Liquidity Guarantee Program (TLGP). Under the first alternative, the DGP would conclude as provided in the current regulation. Thus, insured
                                             depository institutions (IDIs) and certain other participating entities would be permitted to issue FDIC-guaranteed debt no later than October 31,
                                             2009, with the FDIC's guarantee for such debt expiring no later than December 31, 2012. Under the second alternative, the DGP would expire
                                             as indicated above; however, the FDIC would establish a limited six-month emergency guarantee facility to be made available in emergency
                                             circumstances to insured depository institutions (IDIs) and certain other entities participating in the DGP upon application to and with the prior
                                             approval of the FDIC. Under the proposed emergency guarantee facility, the FDIC would guarantee senior unsecured debt issued on or before
                                             April 30, 2010. The emergency guarantee facility would be available on a limited, case-by-case basis to insured depository institutions (IDIs)
                                             participating in the DGP and to other entities participating in the DGP that have issued FDIC-guaranteed debt under the DGP by September 9,
                                             2009. Entities seeking to participate in the emergency guarantee facility would be required to submit an application to the FDIC on or before
  10/2/09     Federal Deposit Insurance      Prepaid Assessments. The FDIC is proposing to amend its assessment regulations to require insured institutions to prepay, on December 30,             FR Doc E9-   Proposed Rule                     10/28/09
              Corporation                    2009, their estimated quarterly risk-based assessments for the fourth quarter of 2009, and for all of 2010, 2011, and 2012. The FDIC would            23803
                                             begin to offset prepaid assessments on March 30, 2010, representing payment for the fourth quarter of 2009.
  8/4/09      Federal Housing Finance Agency Duty To Serve Underserved Markets for Enterprises. To assist FHFA in rulemaking to implement the duty to serve underserved markets, FHFA              FR Doc E9-   Advanced Notice                    9/18/09
                                             seeks comment on the characteristics and types of Enterprise transactions and activities that should be considered and how such transactions and      18515        of Proposed
                                             activities should be evaluated and rated, for purposes of determining the Enterprises' performance of the duty to serve underserved markets.                       Rulemaking

  8/4/09      Federal Housing Finance Agency Affordable Housing Program Amendments: Federal Home Loan Bank Mortgage Refinancing Authority. FHFA is issuing and seeking comment FR Doc E9-                       Interim Rule -       8/4/09        10/5/09
                                             on an interim final rule that authorizes the Banks to provide AHP subsidy through their members to assist in the refinancing of eligible        18484              Request for
                                             households' mortgages under eligible Federal, State and local programs for targeted refinancing in addition to the Hope for Homeowners                             Comment
                                             Program. These programs would include the Administration's Making Home Affordable Refinancing program. The interim final rule permits the
                                             Banks to provide AHP direct subsidy to members and to use the subsidy for principal reduction and for loan closing costs, and requires that
                                             households obtain counseling for qualification for refinancing and foreclosure mitigation. In addition, the interim final rule enhances the
                                             ability of the Banks to respond to the mortgage crisis by providing greater flexibility to accelerate their future annual statutory AHP
                                             contributions for use in their AHP homeownership set-aside programs in the current year. The interim final rule also permits the Banks to adopt
                                             multiple housing needs under their Second District Priority scoring criterion under the AHP competitive application program.
  8/4/09      Federal Housing Finance Agency Record Retention. The Federal Housing Finance Agency (FHFA) is proposing a Record Retention regulation. The proposed regulation would                 FR Doc E9-   Proposed Rule                      10/5/09
                                             set forth record retention requirements with respect to the record management programs of the Federal National Mortgage Association, the              18489
                                             Federal Home Loan Mortgage Corporation, the Federal Home Loan Banks, and the Office of Finance consistent with the safety and soundness
                                             authority of FHFA
  8/4/09      Federal Housing Finance Agency Board of Directors of Federal Home Loan Bank System Office of Finance. Governed by the Federal Housing Finance Agency's (FHFA)                        FR Doc E9-   Proposed Rule                      10/5/09
                                             regulations, the Federal Home Loan Bank System's Office of Finance, issues debt on which the Federal Home Loan Banks are jointly and                  18567
                                             severally liable and publishes combined financial reports on the Banks so that investors in the consolidated obligations can assess the strength of
                                             the System that stands behind them. The Office of Finance is governed by a board of directors, the composition and functions of which are
                                             determined by FHFA's regulations. The FHFA's experience with the System and with the OF's combined financial reports during the recent
                                             period of market stress suggests that the OF and the System could benefit from a reconstituted and strengthened board. This proposed regulation
                                             is intended to achieve that.




                                                                                                                                           2 of 16
                                                                                                                Delaware Banker's Association
                                                                                                               Regultory Compliance Committee
                                                                                                               Regultory Report 8/1/09 - 10/2/09

Date Issued             Regulator                                                                            Description                                                                           Link            Type       Effective Date Comment Date Compliance Date

  8/26/09     Federal Reserve Board       Truth in Lending. The Board proposes to amend Regulation Z, which implements the Truth in Lending Act (TILA), and the staff commentary                FR Doc E9-   Proposed Rule                    12/24/09
                                          to the regulation, as part of a comprehensive review of TILA's rules for closed-end credit. This proposal would revise the rules for disclosures of   18119
                                          closed-end credit secured by real property or a consumer's dwelling, except for rules regarding rescission and reverse mortgages, which the
                                          Board anticipates will be reviewed at a later date. Published elsewhere in today's Federal Register is the Board's proposal regarding rules for
                                          disclosures of open-end credit secured by a consumer's dwelling. Disclosures provided at application would include a Board-published one-page
                                          ``Key Questions to Ask About Your Mortgage'' document that explains potentially risky loan features, and a Board-published one-page ``Fixed
                                          vs. Adjustable Rate Mortgages'' document. Transaction-specific disclosures required within three business days of application would summarize
                                          key loan terms. The calculation of the annual percentage rate and the finance charge would be revised to be more comprehensive, and their
                                          disclosures improved. Consumers would receive a ``final'' TILA disclosure at least three business days before consummation. Certain new post-
                                          consummation disclosures would be required. In addition, the proposed revisions would prohibit certain payments to mortgage brokers and loan
  8/26/09     Federal Reserve Board       Truth in Lending. The Board proposes to amend Regulation Z, which implements the Truth in Lending Act (TILA), and the Official Staff                  FR Doc E9-   Proposed Rule                    12/24/09
                                          Commentary to the regulation, following a comprehensive review of TILA's rules for open-end home-secured credit, or home-equity lines of              18121
                                          credit (HELOCs). The Board proposes changes to the format, timing, and content requirements for the four main types of HELOC disclosures
                                          required by Regulation Z: disclosures at application; disclosures at account opening; periodic statements; and change-in-terms notices. The
                                          Board proposes to replace disclosures required at the time that a consumer applies for a HELOC with a one-page, Board-published summary of
                                          basic information and risks regarding HELOCs. The Board also proposes to move the timing of disclosures regarding a creditor's HELOC plan
                                          from the time of application to within three business days after application, and to require the disclosures to include significant transaction-
                                          specific rates and terms. The Board also proposes to provide additional guidance on when a creditor may temporarily suspend advances on a
                                          HELOC or reduce the credit limit, and what a creditor's obligations are concerning reinstating such accounts. In addition, the proposal would
                                          limit the ability of a creditor to terminate a HELOC for payment-related reasons; a creditor could do so only if the consumer failed to make a
  8/19/09     Federal Trade Commission    Telemarketing Sales Rule. The FTC issues a Notice of Proposed Rulemaking to amend the FTC's Telemarketing Sales Rule to address the sale              FR Doc E9-   Proposed Rule                     10/9/09
                                          of debt relief services. The Commission seeks public comment on the proposed amendments, which would: define the term ``debt relief service'';        19749
                                          ensure that, regardless of the medium through which such services are initially advertised, telemarketing transactions involving debt relief
                                          services would be subject to the TSR; mandate certain disclosures and prohibit misrepresentations in the telemarketing of debt relief services;
                                          and prohibit any entity from requesting or receiving payment for debt relief services until such services have been fully performed and
                                          documented to the consumer. This NPRM invites written comments on all issues raised by the proposed amendments and seeks answers to the
                                          specific questions set forth in Section VIII of this Notice. This document also contains an invitation to participate in a public forum, to be held
                                          following the close of the comment period, which will afford Commission staff and interested parties an opportunity to discuss the proposed
                                          amendments as well as any issues raised in comments in response thereto.
  8/24/09     Dept. of Health and Human   Breach Notification for Unsecured Protected Health Information. The Department of Health and Human Services (HHS) is issuing this interim FR Doc E9-               Interim Rule -     9/23/09       10/23/09
              Services                    final rule with a request for comments to require notification of breaches of unsecured protected health information. Section 13402 of the Health 20169            Request for
                                          Information Technology for Economic and Clinical Health (HITECH) Act, part of the American Recovery and Reinvestment Act of 2009                                   Comment
                                          (ARRA) that was enacted on February 17, 2009, requires HHS to issue interim final regulations within 180 days to require covered entities
                                          under the Health Insurance Portability and Accountability Act of 1996 (HIPAA) and their business associates to provide notification in the case
                                          of breaches of unsecured protected health information. For purposes of determining what information is ``unsecured protected health
                                          information,'' in this document HHS is also issuing an update to its guidance specifying the technologies and methodologies that render
                                          protected health information unusable, unreadable, or indecipherable to unauthorized individuals.




                                                                                                                                      3 of 16
                                                                                                               Delaware Banker's Association
                                                                                                              Regultory Compliance Committee
                                                                                                              Regultory Report 8/1/09 - 10/2/09

Date Issued              Regulator                                                                          Description                                                                              Link            Type        Effective Date Comment Date Compliance Date

  9/15/09     Joint Agency Issuance     Risk-Based Capital Guidelines; Capital Adequacy Guidelines; Capital Maintenance: Regulatory Capital; Impact of Modifications to Generally                FR Doc E9-    Proposed Rule                     10/15/09
                                        Accepted Accounting Principles; Consolidation of Asset-Backed Commercial Paper Programs; and Other Related Issues. The agencies are                      21497
                                        requesting comment on a proposal to modify their general risk-based and advanced risk-based capital adequacy frameworks to eliminate the
                                        exclusion of certain consolidated asset-backed commercial paper programs from risk-weighted assets and provide a reservation of authority in
                                        their general risk-based and advanced risk-based capital adequacy frameworks to permit the agencies to require banking organizations to treat
                                        entities that are not consolidated under accounting standards as if they were consolidated for risk-based capital purposes, commensurate with the
                                        risk relationship of the banking organization to the structure. The agencies are issuing this proposal and request for comment to better align
                                        capital requirements with the actual risk of certain exposures and to obtain information and views from the public on the effect on regulatory
                                        capital that will result from the implementation of the FASB Statement of Financial Accounting Standards No. 166, Accounting for Transfers of
                                        Financial Assets, an Amendment of FASB Statement No. 140 and Statement of Financial Accounting Standards No. 167, Amendments to FASB
  9/25/09     Joint Agency Issuance     Correspondent Concentration Risks. The Agencies request comment on proposed guidance on correspondent concentration risks. The Proposed                  FR Doc E9-    Proposed                          10/26/09
                                        Guidance outlines the Agencies' expectations for financial institutions with respect to identifying, monitoring, and managing correspondent              23208         Guidance
                                        concentration risks between financial institutions, and performing appropriate due diligence on all credit exposures to and funding transactions
                                        with other financial institutions. The Agencies expect financial institutions to identify, monitor, and manage the totality of the institution's
                                        aggregate credit and funding exposures to other institutions on a standalone basis, and take into account exposures to other institutions' affiliates.
                                        In addition, the institution should be aware of exposures of its affiliates to other institutions and their affiliates.

  9/1/09      The Electronic Payment    NACHA requests comments on a proposal to amend the NACHA Operating Rules entitled " Mobile ACH Payments." This Rules proposal                            NACHA         Request for                       10/16/09
              Association               would establish a framework in the NACHA Operating Rules for mobile payments. The proposal would expand the definition of Internet-                      Request for   Comment
                                        Initiated Entries (WEB) to include ACH debits authorized and/or initiated via mobile (wireless) networks1 and require that those payments                Information
                                        utilize the WEB Standard Entry Class code. Because mobile payments have only recently emerged, the Rules do not currently address them
                                        specifically. Many companies, however, are either originating these payments over the ACH Network already or plan to in the near future.
                                        Including mobile payments within the definition of WEB would provide a framework in the Rules for the proper authorization and
                                        authentication of these payments, and extend the security and risk management provisions of WEB to mobile payments.

  9/1/09      The Electronic Payment    NACHA requests commebts on a proposal to amend the NACHA Operating Rules entitled "Extended Timeframe for Adjustment Entries." This NACHA                              Request for                       10/16/09
              Association               rules proposal would extend the period during which a Receiving Depository Financial Institution (“RDFI”) may transmit an adjustment entry    Request for              Comment
                                        related to an unauthorized entry to its ACH Operator from 60 days to 90 days1. This extension would allow sufficient time for RDFIs to submit Information
                                        adjustment entries for virtually all entries for which RDFIs are required to give credit to consumers under the Federal Reserve Board’s
                                        Regulation E.
  8/7/09      Securities and Exchange   Political Contributions by Certain Investment Advisers. The SEC is proposing for comment a new rule that would prohibit an investment               FR Doc E9-         Proposed Rule                      10/6/09
              Commission                adviser from providing advisory services for compensation to a government client for two years after the adviser or certain of its executives or    18807
                                        employees make a contribution to certain elected officials or candidates. The new rule would also prohibit an adviser from providing or agreeing
                                        to provide, directly or indirectly, payment to any third party for a solicitation of advisory business from any government entity on behalf of such
                                        adviser. Additionally, the new rule would prevent an adviser from soliciting from others, or coordinating, contributions to certain elected
                                        officials or candidates or payments to political parties where the adviser is providing or seeking government business. The Commission also is
                                        proposing rule amendments that would require a registered adviser to maintain certain records of the political contributions made by the adviser
                                        or certain of its executives or employees. The new rule and rule amendments would address ``pay to play'' practices by investment advisers.

  8/20/09     Securities and Exchange   Amendments to Regulation SHO. The SEC is re-opening thecomment period to the ``Amendments to Regulation SHO'' it proposed inSecurities FR Doc E9-                      Proposed Rule -                    9/21/09
              Commission                Exchange Act Release No. 59748 (Apr. 10, 2009), 74 FR 18042(Apr. 20, 2009) (the ``Proposal''). As a supplement to their request for comment 19989                      Reopening of
                                        on the Proposal, we are soliciting additional feedback regarding an alternative price test, on which we solicited comment in the Proposal, that                        Comment Period
                                        would allow short selling only at a price above the current national best bid (the ``alternative uptick rule''). The SEC is publishing this
                                        supplemental request for comment and reopening the comment period to help ensure that the public has a full opportunity to provide comments
                                        on the alternative uptick rule.



                                                                                                                                      4 of 16
                                                                                                                Delaware Banker's Association
                                                                                                               Regultory Compliance Committee
                                                                                                               Regultory Report 8/1/09 - 10/2/09

Date Issued              Regulator                                                                            Description                                                                      Link             Type         Effective Date Comment Date Compliance Date

  9/23/09     Securities and Exchange         The SEC is adopting an interim final temporary rule under the Investment Company Act of 1940 to require a money market fund to report its    FR Doc E9-     Interim Final        9/18/09       10/26/09
              Commission                      portfolio holdings and valuation information to the Commission under certain circumstances. The new reporting requirement is designed to     22900          Temporary Rule
                                              provide information substantially similar to that submitted by certain money market funds under the Temporary Guarantee Program for Money                   with Request for
                                              Market Funds established by the Department of the Treasury, which will expire on September 18, 2009.                                                        Comment

  9/23/09     Securities and Exchange         Elimination of Flash Order Exception From Rule 602 of Regulation NMS. The SEC is concerned that the exception for flash orders from            FR Doc E9-   Proposed Rule                      11/23/09
              Commission                      quoting requirements under the Exchange Act, which originated in the context of manual trading floors for quotations that were considered      22911
                                              ``ephemeral,'' is no longer necessary or appropriate in today's highly automated trading environment. Accordingly, the SEC is proposing to
                                              amend Rule 602 of Regulation NMS under the Exchange Act to eliminate an exception for the use of flash orders by equity and options
                                              exchanges. In general, flash orders are communicated to certain market participants and either executed immediately or withdrawn immediately
                                              after communication. If the proposed amendment were adopted, the Commission would apply Rule 301(b) of Regulation ATS under the
                                              Exchange Act in a consistent manner with regard to the use of flash orders by alternative trading systems. The Commission also would apply the
                                              restrictions on locking or crossing quotations in Rule 610(d) of Regulation NMS in a consistent manner to prohibit the practice of displaying
                                              marketable flash orders.
  8/7/09      Financial Industry Regulatory   Notice of Filing and Immediate Effectiveness of Proposed Rule Change Relating to the Use of Multiple Market Participant Symbols When         FR Doc E9-     Immediate             8/7/09        8/28/09
              Authority                       Quoting or Trading OTC Equity Securities.                                                                                                    18976          Effectiveness
  8/7/09      Financial Industry Regulatory   Notice of Filing of Proposed Rule Change to Adopt FINRA Rule 5230 (Payments Involving Publications that Influence the Market Price of a      FR Doc E9-     Proposed Rule                       8/28/09
              Authority                       Security) in the Consolidated FINRA Rulebook                                                                                                 18978
  8/10/09     Financial Industry Regulatory   Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Adopt the Selection Specifications and Study Outline for the         FR Doc E9-     Immediate            8/10/09        8/31/09
              Authority                       Limited Representative--Investment Banking (``Series 79'') Examination Program.                                                              19034          Effectiveness
  8/11/09     Financial Industry Regulatory   Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Incorporated NYSE Rules 12 and 282 To Conform to               FR Doc E9-     Immediate            8/11/09        9/1/09
              Authority                       Amendments Made by NYSE.                                                                                                                     19142          Effectiveness
  8/11/09     Financial Industry Regulatory   Notice of Filing of Proposed Rule Change To Adopt FINRA Rule 2264 (Margin Disclosure Statement) in the Consolidated FINRA Rulebook.          FR Doc E9-     Proposed Rule                       9/1/09
              Authority                                                                                                                                                                    19147
  8/17/09     Financial Industry Regulatory   Notice of Filing of Proposed Rule Change Relating to FINRA Rule 8312 (FINRA BrokerCheck Disclosure).                                         FR Doc E9-     Proposed Rule                       9/8/09
              Authority                                                                                                                                                                    19571
  8/18/09     Financial Industry Regulatory   Notice of Filing of Proposed Rule Change To Adopt FINRA Rule 3160 (Networking Arrangements Between Members and Financial                     FR Doc E9-     Proposed Rule                       9/8/09
              Authority                       Institutions) in the Consolidated FINRA Rulebook.                                                                                            19735
  8/26/09     Financial Industry Regulatory   Notice of Filing of Proposed Rule Change To Extend Certain Regulation NMS Protections to Quoting and Trading in the Market for OTC           FR Doc E9-     Proposed Rule                       9/16/09
              Authority                       Equity Securities.                                                                                                                           20532
  9/11/09     Financial Industry Regulatory   Notice of Filing of Proposed Rule Change To Adopt FINRA Rules 5210 (Publication of Transactions and Quotations) and 5220 (Offers at          FR Doc E9-     Proposed Rule                       10/2/09
              Authority                       Stated Prices) Into the Consolidated Rulebook.                                                                                               21883
  9/11/09     Financial Industry Regulatory   Notice of Filing of Proposed Rule Change Relating to Section 1(c) of Schedule A to the FINRA By-Laws To Amend the Personnel Assessment       FR Doc E9-     Proposed Rule                       10/2/09
              Authority                       and Gross Income Assessment.                                                                                                                 21885
  9/16/09     Financial Industry Regulatory   Notice of Filing and Immediate Effectiveness of Proposed Rule Change Relating to Fee for Investment Banking Representative Examination.      FR Doc E9-     Immediate            9/16/09        10/7/09
              Authority                                                                                                                                                                    22246          Effectiveness
  9/21/09     Financial Industry Regulatory   Notice of Filing of Proposed Rule Change to Adopt FINRA Rule 2232 (Customer Confirmations) in the Consolidated FINRA Rulebook and to         FR Doc E9-     Proposed Rule                      10/13/09
              Authority                       Delete NASD Rule 2230, NASD IM-2110-6 and Incorporated NYSE Rule 409(f).                                                                     22513
  10/1/09     Financial Industry Regulatory   Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Extend to November 30, 2010, the Implementation of FINRA Rule        FR Doc E9-     Immediate            10/1/09       10/22/09
              Authority                       4240 (Margin Requirements for Credit Default Swaps).                                                                                         23699          Effectiveness




                                                                                                                                     5 of 16
                                                                                                                      Delaware Banker's Association
                                                                                                                     Regultory Compliance Committee
                                                                                                                     Regultory Report 8/1/09 - 10/2/09

Date Issued              Regulator                                                                                 Description                                                                          Link            Type     Effective Date Comment Date Compliance Date

                                                                                                                                          Final
  8/6/09      Commodity Futures Trading         Contract Market Rules Altered or Supplemented by the Commission. Regulation 7.201 of the CFTC alters and supplements Chicago Board of                FR Doc E9-   Final Rule        8/6/09
              Commission                        Trade Rule 620.01(B) by requiring members of the CBOT to submit to arbitration of any customer claim or grievance initiated by the customer          18855
                                                according to the arbitration rules and regulations of the CBOT. On November 25, 2007, following the merger of Chicago Mercantile Exchange
                                                Holdings, Inc. with CBOT Holdings, Inc., CBOT Rule 620.01(B) was superseded by new CBOT Rule 600.D. Like Regulation 7.201, new Rule
                                                600.D specifically requires exchange members to submit to customer-initiated arbitrations. Accordingly, on petition of The CME Group Inc.,
                                                CBOT's parent company, Regulation 7.201 is being repealed by the Commission as no longer necessary.

  9/1/09      Federal Deposit Insurance         Final Rule Regarding Limited Amendment of the Temporary Liquidity Guarantee Program To Extend the Transaction Account Guarantee                      FR Doc E9-   Final Rule       10/1/09
              Corporation                       Program With Modified Fee Structure. To assure an orderly phase out of the Transaction Account Guarantee (TAG) component of the                      21034
                                                Temporary Liquidity Guarantee Program (TLGP), the FDIC is extending the TAG program for six months until June 30, 2010. Each insured
                                                depository institution (IDI) that participates in the extended TAG program will be subject to increased fees during the extension period for the
                                                FDIC's guarantee of qualifying noninterest-bearing transaction accounts. However, each IDI that is currently participating in the TAG program
                                                will have an opportunity to opt out of the extended TAG program. Each IDI that is currently participating in the TAG program must review and
                                                update its disclosure postings and notices to accurately reflect whether it is participating in the extended TAG program.

  9/2/09      Federal Deposit Insurance         Final Statement of Policy on Qualifications for Failed Bank Acquisitions. The FDIC is issuing a Final Statement of Policy on Qualifications for FR Doc E9-        Final Policy     8/26/09
              Corporation                       Failed Bank Acquisitions (Final Statement). This Final Statement provides guidance to private capital investors interested in acquiring or      21146             Statement
                                                investing in failed insured depository institutions regarding the terms and conditions for such investments or acquisitions.

  9/15/09     Federal Deposit Insurance         Interest on Deposits. The FDIC is amending its regulations to eliminate restrictions on certain kinds of transfers from savings deposits for state   FR Doc E9-   Final Rule       9/15/09
              Corporation                       chartered banks that are not members of the Federal Reserve System and insured branches of foreign banks. The FRB has already amended its            22070
                                                regulations to eliminate these restrictions for member banks. Because this change is ministerial, the FDIC has determined for good cause that
                                                public notice and comment is unnecessary and impracticable under the Administrative Procedure Act (the APA) and is implementing this
                                                change by means of a final rule without notice and comment.
  9/17/09     Federal Deposit Insurance         Deposit Insurance Regulations; Temporary Increase in Standard Coverage Amount; Mortgage Servicing Accounts; Revocable Trust Accounts;              FR Doc E9-     Final Rule       10/19/09
              Corporation                       International Banking; Foreign Banks. The FDIC is adopting a final rule amending its deposit insurance regulations to: Reflect Congress's          22406
                                                extension, until December 31, 2013, of the temporary increase in the standard maximum deposit insurance amount (``SMDIA'') from $100,000
                                                to $250,000; finalize the interim rule, with minor modifications, on revocable trust accounts; and finalize the interim rule on mortgage servicing
                                                accounts. The FDIC is also adopting technical, conforming amendments to its international banking regulations to substitute several existing
                                                references to ``$100,000'' with references to the SMDIA
  8/4/09      Federal Housing Finance Agency Capital Classifications and Critical Capital Levels for the Federal Home Loan Banks. FHFA published in the Federal Register on January 30,             FR Doc E9-    Final Rule        8/4/09
                                             2009 an interim final rule to define critical capital for the Banks, establish the criteria for each of the capital classifications identified in HERA 18581
                                             and delineate its PCA authority over the Banks. FHFA requested comments on all aspects of the regulation. It also sought comment on whether it
                                             should establish a ``well-capitalized'' classification and on what criteria may be appropriate to define such a new category. After considering the
                                             comments received on the interim final rule, FHFA is adopting the interim final rule as a final regulation, subject to amendments meant to
                                             clarify certain provisions.




                                                                                                                                            6 of 16
                                                                                                                      Delaware Banker's Association
                                                                                                                     Regultory Compliance Committee
                                                                                                                     Regultory Report 8/1/09 - 10/2/09

Date Issued              Regulator                                                                                 Description                                                                          Link            Type   Effective Date Comment Date Compliance Date

  8/10/09     Federal Housing Finance Agency FHFA has analyzed current market conditions and is adopting a final rule that adjusts the housing goal, home purchase subgoal and special         FR Doc E9-         Final Rule     8/10/09
                                             affordable multifamily housing subgoal levels for the Enterprises for 2009. The final rule also permits loans owned or guaranteed by an           18517
                                             Enterprise that are modified in accordance with the Administration's Making Home Affordable Program (also known as the Homeowner
                                             Affordability and Stability Plan) announced on March 4, 2009, to be treated as mortgage purchases and count for purposes of the housing goals.
                                             In addition, the final rule excludes purchases of jumbo conforming loans from counting towards the 2009 housing goals. FHFA's housing goals
                                             regulation is set forth in a new part of FHFA's regulations, and is generally consistent with the housing goals provisions previously established
                                             by HUD, except as modified herein. Pursuant to section 1302 of HERA and 12 U.S.C. 4603, to the extent FHFA is adopting provisions from
                                             HUD regulations in new FHFA regulations, those provisions in the HUD regulations are no longer in effect.

  8/12/09     Federal Reserve Board             Truth in Lending. The Board is publishing a final rule amending the staff commentary that interprets the requirements of Regulation Z (Truth in FR Doc E9-        Final Rule      1/1/10
                                                Lending). The Board is required to adjust annually the dollar amount that triggers requirements for certain home mortgage loans bearing fees    19254
                                                above a certain amount. The Home Ownership and Equity Protection Act of 1994 (HOEPA) sets forth rules for home-secured loans in which the
                                                total points and fees payable by the consumer at or before loan consummation exceed the greater of $400 or 8 percent of the total loan amount.
                                                In keeping with the statute, the Board has annually adjusted the $400 amount based on the annual percentage change reflected in the Consumer
                                                Price Index as reported on June 1st. The adjusted dollar amount for 2010 is $579.

  8/14/09     Federal Reserve Board             Truth in Lending. The Board is publishing final rules amending Regulation Z, which implements the Truth in Lending Act (TILA) following          FR Doc E9-       Final Rule     9/14/09                       2/14/10
                                                the passage of the Higher Education Opportunity Act (HEOA). Title X of the HEOA amends TILA by adding disclosure and timing                      18548
                                                requirements that apply to creditors making private education loans, which are defined as loans made for postsecondary educational expenses.
                                                The HEOA also amends TILA by adding limitations on certain practices by creditors, including limitations on ``co-branding'' their products
                                                with educational institutions in the marketing of private education loans. The HEOA requires that creditors obtain a self-certification form
                                                signed by the consumer before consummating the loan. It also requires creditors with preferred lender arrangements with educational institutions
                                                to provide certain information to those institutions. Compliance is optional until February 14, 2010.

  9/30/09     Federal Reserve Board             Reimbursement for Providing Financial Records; Recordkeeping Requirements for Certain Financial Records. The FRB has approved                        FR Doc E9-   Final Rule      1/1/10
                                                amendments to Subpart A of Regulation S, which implements the requirement under the Right to Financial Privacy Act (RFPA) that the Board             23407
                                                establish the rates and conditions under which payment shall be made by a government authority to a financial institution for assembling or
                                                providing financial records pursuant to RFPA. These proposed amendments update the fees to be charged and takes account of recent advances
                                                in electronic document productions.
  8/12/09     Federal Trade Commission          Prohibitions on Market Manipulation. In this document, the FTC issues its Statement of Basis and Purpose and final Rule, pursuant to Section FR Doc E9-           Final Rule     11/4/09
                                                811 of Subtitle B of Title VIII of The Energy Independence and Security Act of 2007 (``EISA''). The final Rule prohibits any person, directly or 19257
                                                indirectly, in connection with the purchase or sale of crude oil, gasoline, or petroleum distillates at wholesale, from knowingly engaging in any
                                                act, practice, or course of business - including the making of any untrue statement of material fact - that operates or would operate as a fraud or
                                                deceit upon any person, or intentionally failing to state a material fact that under the circumstances renders a statement made by such person
                                                misleading, provided that such omission distorts or is likely to distort market conditions for any such product.

  8/25/09     Federal Trade Commission          Telemarketing Sales Rule Fees. The FTC is amending its Telemarketing Sales Rule (``TSR'') by updating the fees charged to entities accessing         FR Doc E9-   Final Rule     10/1/09
                                                the National Do Not Call Registry as required by the Do-Not-Call Registry Fee Extension Act of 2007.                                                 20252
  8/25/09     Federal Trade Commission          Health Breach Notification Rule. The FTC is issuing this final rule, as required by the Recovery Act. The rule requires vendors of personal          FR Doc E9-   Final Rule     9/24/09                       2/22/10
                                                health records and related entities to notify consumers when the security of their individually identifiable health information has been breached.   20142
                                                Full compliance with this final rule is required by February 22, 2010.




                                                                                                                                            7 of 16
                                                                                                                  Delaware Banker's Association
                                                                                                                 Regultory Compliance Committee
                                                                                                                 Regultory Report 8/1/09 - 10/2/09

Date Issued              Regulator                                                                              Description                                                                          Link            Type          Effective Date Comment Date Compliance Date

  9/2/09      Department of Housing and      Home Equity Conversion Mortgage (HECM) Counseling Standardization and Roster. This final rule amends HUD's HECM program                              FR Doc E9-   Final Rule            10/2/09
              Urban Development              regulations by establishing testing standards to qualify individuals as HECM counselors eligible to provide HECM counseling to prospective           21076
                                             HECM borrowers. The rule also establishes a HECM Counseling Roster (Roster) of eligible HECM counselors and provides for their removal
                                             for cause. This rule is intended to contribute to improving the quality of HECM counseling. HECM counseling enables elderly homeowners to
                                             make more informed decisions when considering mortgage options and whether to pursue a HECM loan. This final rule follows the publication
                                             of a January 8, 2007, proposed rule, takes into consideration the public comments received on the proposed rule, and makes certain changes in
                                             response to public comment and upon further consideration of certain issues by HUD.

  9/8/09      Internal Revenue Service       Employer Comparable Contributions to Health Savings Accounts Under Section 4980G, and Requirement of Return for Filing of the Excise Tax FR Doc E9-               Final Regulations      9/8/09
                                             Under Section 4980B, 4980D, 4980E or 4980G. This document contains final regulations providing guidance on employer comparable              21225
                                             contributions to Health Savings Accounts (HSAs). The final regulations also provide guidance relating to the manner and method of reporting
                                             and paying the excise tax under sections 4980B, 4980D, 4980E, and 4980G of the Code. These final regulations would affect employers that
                                             contribute to employees' HSAs and Archer MSAs, employers or employee organizations that sponsor a group health plan, and certain third
                                             parties such as insurance companies or HMOs or third-party administrators who are responsible for providing benefits under the plan.

  9/16/09     Internal Revenue Service       Modifications of Commercial Mortgage Loans Held by a Real Estate Mortgage Investment Conduit (REMIC). This document contains final                   FR Doc E9-   Final Rule            9/16/09
                                             regulations that expand the list of permitted loan modifications to include certain modifications that are often made to commercial mortgages.       22215
                                             Changes to the regulations are necessary to better accommodate evolving practices in the commercial-mortgage industry. These changes will
                                             affect lenders, borrowers, servicers, and sponsors of securitizations of mortgages in REMICs.
  9/29/09     Office of Thrift Supervision   Prohibited Service at Savings and Loan Holding Companies; Extension of Expiration Date of Temporary Exemption. OTS is revising its rules             FR Doc E9-   Final Rule            9/29/09
                                             implementing section 19(e) of the Federal Deposit Insurance Act (FDIA), which prohibits any person who has been convicted of any criminal            23432
                                             offense involving dishonesty, breach of trust, or money laundering (or who has agreed to enter into a pretrial diversion or similar program in
                                             connection with a prosecution for such an offense) from holding certain positions with respect to a savings and loan holding company (SLHC).
                                             Specifically, OTS is extending the expiration date of a temporary exemption granted to persons who held positions with respect to a SLHC as of
                                             the date of the enactment of section 19(e). The revised expiration date for the temporary exemption is September 30, 2010.

  8/4/09      Securities and Exchange        Adoption of Updated EDGAR Filer Manual. The SEC is adopting revisions to the Electronic Data Gathering, Analysis, and Retrieval System        FR Doc E9-          Final Rule             8/4/09
              Commission                     (EDGAR) Filer Manual to reflect updates to the EDGAR system. The revisions were made primarily to support the 2009 US GAAP Taxonomy, 18434
                                             the Schedule of Investments (SOI) Taxonomy and to communicate a change in the Filer Support hours to 9 a.m. to 5:30 p.m. The revisions to the
                                             Filer Manual reflect changes within Volume I entitled EDGAR Filer Manual, Volume I: ``General Information,'' Version 7 (July 2009) and
                                             Volume II entitled EDGAR Filer Manual, Volume II: ``EDGAR Filing,'' Version 12 (July 2009). The updated manual will be incorporated by
                                             reference into the Code of Federal Regulations.
  8/6/09      Securities and Exchange        Program for Allocation of Regulatory Responsibilities Pursuant to Rule 17d-2; Notice of Filing and Order Declaring Effective a Proposed Plan         FR Doc E9-   Approval               8/6/09
              Commission                     for the Allocation of Regulatory Responsibilities Among the Financial Industry Regulatory Authority, Inc., New York Stock Exchange LLC,              18762
                                             NYSE Regulation, Inc. and NYSE Amex LLC
  8/11/09     Securities and Exchange        Delegation of Authority to Director of Division of Enforcement. The Commission is amending its rules to delegate authority to the Director of        FR Doc E9-   Final Rule            8/11/09
              Commission                     the Division of Enforcement to issue formal orders of investigation. These orders designate the enforcement staff authorized to issue subpoenas      19116
                                             in connection with investigations under the federal securities laws. This action is intended to expedite the investigative process by removing the
                                             need for enforcement staff to seek Commission approval prior to performing routine functions. The Commission is adopting this delegation for a
                                             one-year period, and at the end of the period will evaluate whether to extend the delegation (though any formal orders issued during this period
                                             will remain in effect).




                                                                                                                                        8 of 16
                                                                                                                    Delaware Banker's Association
                                                                                                                   Regultory Compliance Committee
                                                                                                                   Regultory Report 8/1/09 - 10/2/09

Date Issued              Regulator                                                                               Description                                                                          Link            Type        Effective Date Comment Date Compliance Date

  8/11/09     Securities and Exchange         Regulation S-AM: Limitations on Affiliate Marketing. The SEC is adopting Regulation S-AM to implement Section 624 of the Fair Credit              FR Doc E9-      Final Rule          9/10/09                        1/1/10
              Commission                      Reporting Act as amended by Section 214 of the FACT Act, which required the Commission and other Federal agencies to adopt rules                  19020
                                              implementing limitations on a person's use of certain information received from an affiliate to solicit a consumer for marketing purposes, unless
                                              the consumer has been given notice and a reasonable opportunity and a reasonable and simple method to opt out of such solicitations. The final
                                              rules implement the requirements of Section 624 with respect to investment advisers and transfer agents registered with the Commission, as well
                                              as brokers, dealers and investment companies. Compliance will be mandatory as of January 1, 2010.

  9/8/09      Securities and Exchange         Order Approving Proposed Rule Change To Eliminate One of the Indemnity Surety Programs in the Profile Modification System.                           FR Doc E9-   Approval             9/8/09
              Commission                                                                                                                                                                           21619
  9/17/09     Securities and Exchange         Extension of Temporary Exemptions for Eligible Credit Default Swaps To Facilitate Operation of Central Counterparties To Clear and Settle            FR Doc E9-   Extension of        9/17/09
              Commission                      Credit Default Swaps. The SEC is adopting amendments to the expiration dates in our interim final temporary rules that provide exemptions            22389        Interim Final
                                              under the Securities Act of 1933, the Securities Exchange Act of 1934, and the Trust Indenture Act of 1939 for certain credit default swaps in                    Temporary Rules
                                              order to facilitate the operation of one or more central counterparties for those credit default swaps. Under the amendments, the expiration dates
                                              of the interim final temporary rules will be extended to November 30, 2010. This rule is effective September 17, 2009, and the expiration dates
                                              for the interim final temporary rules and amendments published January 22, 2009 is extended from September 25, 2009 to November 30, 2010.

  8/28/09     Financial Industry Regulatory   Notice of Filing of Amendment No. 1 and Order Granting Accelerated Approval to a Proposed Rule Change, as Modified by Amendment No. 1, FR Doc E9-                 Accelerated         8/28/09        9/18/09
              Authority                       To Adopt FINRA Rules 2124 (Net Transactions With Customers), 2220 (Options Communications), 4370 (Business Continuity Plans and        20704                      Approval
                                              Emergency Contact Information) and 5250 (Payment for Market Making) in the Consolidated FINRA Rulebook.

  8/28/09     Financial Industry Regulatory   Order Approving Proposed Rule Change Relating to Transaction-Related Charges for Trade Reporting to the OTC Reporting Facility.                      FR Doc E9-   Approval            8/28/09
              Authority                                                                                                                                                                            20783
  9/15/09     Financial Industry Regulatory   Order Approving Proposed Rule Change as Modified by Amendment No. 1 Thereto Amending Rule 2320 Regarding Best Execution and                          FR Doc E9-   Approval            9/15/09
              Authority                       Interpositioning.                                                                                                                                    22109
  9/16/09     Financial Industry Regulatory   Order Approving Proposed Rule Change To Adopt FINRA Rule 3310 (Anti-Money Laundering Compliance Program) in the Consolidated                         FR Doc E9-   Approval            9/16/09
              Authority                       FINRA Rulebook.                                                                                                                                      22240
  9/17/09     Financial Industry Regulatory   Order Approving Proposed Rule Change To Adopt FINRA Rule 5230 (Payments Involving Publications That Influence the Market Price of a                  FR Doc E9-   Approval            9/17/09
              Authority                       Security) in the Consolidated FINRA Rulebook.                                                                                                        22371
  9/21/09     Financial Industry Regulatory   Order Approving Proposed Rule Change, as Modified by Amendment No. 1, To Adopt FINRA Rules 2262 (Disclosure of Control Relationship                  FR Doc E9-   Approval            9/21/09
              Authority                       With Issuer), 2269 (Disclosure of Participation or Interest in Primary or Secondary Distribution) and 5260 (Prohibition on Transactions,             22514
                                              Publication of Quotations, or Publication of Indications of Interest During Trading Halts) in the Consolidated FINRA Rulebook.

  9/25/09     Financial Industry Regulatory   Order Granting Approval of Proposed Rule Change To Adopt FINRA Rule 2264 (Margin Disclosure Statement) in the Consolidated FINRA                     FR Doc E9-   Approval            9/25/09
              Authority                       Rulebook.                                                                                                                                            23148
  9/28/09     Financial Industry Regulatory   Order Approving Proposed Rule Change To Adopt FINRA Rule 2150 (Improper Use of Customers' Securities or Funds; Prohibition Against                   FR Doc E9-   Approval            9/28/09
              Authority                       Guarantees and Sharing in Accounts) in the Consolidated FINRA Rulebook.                                                                              23307
  10/2/09     Financial Industry Regulatory   Notice of Filing of Amendment No. 2 and Order Granting Accelerated Approval of a Proposed Rule Change, as Modified by Amendment No. 2                FR Doc E9-   Accelerated         10/2/09
              Authority                       Thereto, Expanding TRACE To Include Agency Debt Securities and Primary Market Transactions.                                                          23729        Approval




                                                                                                                                          9 of 16
                                                                                                                      Delaware Banker's Association
                                                                                                                     Regultory Compliance Committee
                                                                                                                     Regultory Report 8/1/09 - 10/2/09

Date Issued              Regulator                                                                                  Description                                                                       Link            Type   Effective Date Comment Date Compliance Date

  9/17/09     United States Department of State Passport Procedures--Amendment to Expedited Passport Processing Regulation. This rule revises the expedited passport process and changes           FR Doc E9-   Final Rule     9/17/09
                                                the definition of expedited passport processing from three business days, beginning when the application arrives at a passport agency or when      22417
                                                the request for expedited processing is approved, to the number of business days published on the Department's Web site at http://
                                                www.travel.state.gov. This change ensures that the Department can continue to offer this service consistent with its regulations while
                                                maintaining sufficient flexibility to adapt to fluctuations in passport demand. It also ensures that the public can easily determine the current
                                                standards for expedited passport processing.




                                                                                                                                            10 of 16
                                                                                                                   Delaware Banker's Association
                                                                                                                  Regultory Compliance Committee
                                                                                                                  Regultory Report 8/1/09 - 10/2/09

Date Issued              Regulator                                                                              Description                                                                            Link              Type       Effective Date Comment Date Compliance Date

                                                                                                                  Miscellaneous
  8/5/09      Federal Accounting Standards   SUMMARY OF BOARD DECISIONS: FAS 157—improving disclosures about fair value measurements, FAS 157—applying fair value to                               FASB           Interpretation
              Advisory Board                 interests in alternative investments, and, Oil and gas disclosures                                                                                    Summary of
                                                                                                                                                                                                   Board
                                                                                                                                                                                                   Decisions
  8/13/09     Federal Accounting Standards   Summary of Board Decisions - Financial instruments—improvements to recognition and measurement. Board discussed and made tentative                    FASB           Interpretation
              Advisory Board                 decisions about how an entity would present financial instruments in the basic financial statements.                                                  Action Alert
  8/19/09     Federal Accounting Standards   SUMMARY OF BOARD DECISIONS: Accounting for financial instruments, Revenue recognition, and Technical corrections to FASB                              FASB           Interpretation
              Advisory Board                 Statements and other U.S. GAAP literature.                                                                                                            Action Alert
  8/26/09     Federal Accounting Standards   SUMMARY OF BOARD DECISIONS: Reporting discontinued operations                                                                                         FASB           Interpretation
              Advisory Board                                                                                                                                                                       Action Alert
                                                                                                                                                                                                   8/26/09
  8/27/09     Federal Accounting Standards   SUMMARY OF BOARD DECISIONS: Financial instruments with characteristics of equity, and Conceptual framework—reporting entity.                          FASB           Interpretation
              Advisory Board                                                                                                                                                                       Action Alert
  9/16/09     Federal Accounting Standards   SUMMARY OF BOARD DECISIONS - Leases                                                                                                                   FASB           Interpretation
              Advisory Board                                                                                                                                                                       Action Alert
  9/21/09     Federal Accounting Standards   SUMMARY OF BOARD DECISIONS: Financial statement presentation                                                                                          FASB           Interpretation
              Advisory Board                                                                                                                                                                       Action Alert
  9/22/09     Federal Accounting Standards   Financial Accounting Foundation Endorses Statement of the International Accounting Standards Committee Foundation Monitoring Board.                   PR 9/22/09     Press Release
              Advisory Board
  9/23/09     Federal Accounting Standards   SUMMARY OF BOARD DECISIONS: Financial statement presentation, Revenue recognition, FASB ratification of EITF consensuses and                          FASB         Interpretation
              Advisory Board                 tentative conclusions, and Accounting for financial instruments                                                                                       Action Alert
  10/1/09     Federal Accounting Standards   Clarification of the effective date interaction between Topic 740 relating to accounting for uncertainty in income taxes (formerly FIN 48) and        PR 10/1/09 Press Release
              Advisory Board                 the guidance in ASU 2009-06, Income Taxes.
  8/6/09      Federal Deposit Insurance      Support for Responsible Loss Mitigation Activities Servicers' Obligations to Lienholders on Modifying Loans. The members of the Federal               FIL-45-2009 Financial
              Corporation                    Financial Institutions Examination Council (FFIEC) continue to support responsible loss mitigation activities by federal- and state-regulated                     Institution Letter
                                             financial institutions that preserve homeownership. This support extends to programs designed to achieve sustainable mortgage obligations
                                             regardless of lien position. The FFIEC members recognize that entities that service first and subordinate liens on the same residential real estate
                                             property may be faced with potential conflicts of interest when making loan modification decisions. A servicer's decision to modify the first lien
                                             mortgage should not be influenced by the modification's potential impact on the subordinate lien loan and vice versa. Any ownership interest in
                                             the subordinate lien cannot be a consideration.
  8/12/09     Federal Deposit Insurance      Annual Independent Audits and Reporting Requirements. On July 20, 2009, the FDIC published in the Federal Register a final rule amending              FR Doc E9-     Correction           8/6/09
              Corporation                    part 363 of its regulations concerning annual independent audits and reporting requirements for certain insured depository institutions, which        19259
                                             implements section 36 of the Federal Deposit Insurance Act (FDI Act), largely as proposed, but with certain modifications made in response to
                                             the comments received and making a technical amendment to its rules and procedures (part 308, subpart U) for the removal, suspension, or
                                             debarment of ccountants and accounting firms. The publication of the final rule corrected certain errors in the original publication of the final
                                             rule, which had been published in the Federal Register on July 7, 2009. It has come to the attention of the FDIC that the July 20 re-publication
                                             included one additional error. This correction will rectify that oversight.




                                                                                                                                         11 of 16
                                                                                                                Delaware Banker's Association
                                                                                                               Regultory Compliance Committee
                                                                                                               Regultory Report 8/1/09 - 10/2/09

Date Issued              Regulator                                                                            Description                                                                        Link             Type         Effective Date Comment Date Compliance Date

  8/19/09     Federal Deposit Insurance      The FDIC, the FRB, and the OCC are requesting comment on a number of proposed revisions to the Call Report that would take effect in 2010. FIL-47-2009 Financial
              Corporation                    The agencies encourage you to review the proposal, which has been approved by the Federal Financial Institutions Examination Council                   Institution Letter
                                             (FFIEC), and comment on those aspects that are of interest to you. Comments may be sent to any or all of the agencies by the methods described
                                             in the attached Federal Register notice. All comments will be shared among the agencies and should be submitted by October 19, 2009. The
                                             FFIEC and the agencies will consider all comments as they finalize the revisions to the Call Report.

  8/26/09     Federal Deposit Insurance      Transaction Account Guarantee Extension Third Quarter 2009. On August 26, 2009, the FDIC adopted the attached final rule extending the         FIL-48-2009 Financial
              Corporation                    Transaction Account Guarantee (TAG) portion of the Temporary Liquidity Guarantee Program for six months, through June 30, 2010. For                        Institution Letter
                                             institutions that choose to remain in the program, the fee will be raised and adjusted to reflect the institution's risk.

  9/9/09      Federal Deposit Insurance      Alternatives for Effectively Concluding Debt Guarantee Program Notice of Proposed Rulemaking. The FDIC is seeking comment on the               FIL-51-2009 Financial
              Corporation                    attached Notice of Proposed Rulemaking on two alternatives for phasing out the Debt Guarantee Program (DGP), a component of the FDIC's                     Institution Letter
                                             Temporary Liquidity Guarantee Program (TLG Program). Comments are due 15 days following publication of the NPR in the Federal Register.

  9/9/09      Federal Deposit Insurance      Final Rule on Elimination of Three Transfer Sublimit for Withdrawals from Savings Deposits. The Federal Deposit Insurance Corporation            FIL-52-2009 Financial
              Corporation                    (FDIC) has published the attached final rule, which recognizes elimination of the monthly three transfer sublimit for certain types of                       Institution Letter
                                             withdrawals from the savings deposits of FDIC-supervised institutions. The overall six transfer limit on pre-authorized or automatic withdrawals
                                             will still exist. This rule parallels a recent amendment to Regulation D by the Federal Reserve Board, which took effect on July 2, 2009. Under
                                             the FDIC Rules and Regulations, FDIC-supervised institutions become subject to exceptions to statutory prohibitions as soon as they are
                                             promulgated by the Federal Reserve Board.
  9/9/09      Federal Deposit Insurance      Final Rule on FDIC Deposit Insurance Coverage. On September 9, 2009, the FDIC Board of Directors approved a rule to finalize: (1) the            FIL-53-2009 Financial
              Corporation                    deposit insurance coverage regulations to reflect the extension of the temporary increase in the standard maximum deposit insurance amount                   Institution Letter
                                             (SMDIA) to $250,000 through December 31, 2013, and (2) the 2008 interim rules regarding revocable trust accounts and mortgage servicing
                                             accounts.
  9/11/09     Federal Deposit Insurance      FDIC Encourages Loss-Share Partners to Provide Forbearance to Unemployed Borrowers. As part of its loss-share agreement with acquirers of PR-167-2009 Press Release
              Corporation                    failed FDIC-insured institutions, the FDIC is encouraging its loss-share partner institutions to consider temporarily reducing mortgage payments
                                             for borrowers who are unemployed or underemployed. This program will provide additional foreclosure prevention alternatives to these
                                             borrowers through forbearance agreements that will give them an opportunity to regain full employment and avoid an unnecessary foreclosure.

  9/16/09     Federal Deposit Insurance      FDIC Launches Foreclosure Prevention Initiative. The FDIC announced that it is releasing a free tool kit of information that will help         FIL-54-2009 Financial
              Corporation                    borrowers, community stakeholders and the banking industry avoid unnecessary foreclosures and stop foreclosure "rescue" scams that promise                 Institution Letter
                                             false hope to consumers at risk of losing their homes.
  8/14/09     Financial Crimes Enforcement   Treatment of Deposits by Armored Cars for Currency Transaction Report (CTR) Purposes.                                                          FIN-2009-   Ruling
              Network                                                                                                                                                                       R002
  8/28/09     Financial Crimes Enforcement   FinCEN to Implement SAR Acknowledgements and Validations forBSA E-Filing Submissions. On September 12, 2009, the Financial Crimes              BSA E-      Press Release
              Network                        Enforcement Network (FinCEN) will implement Suspicious Activity Report (SAR) Acknowledgements for Bank Secrecy Act Electronic Filing           Filing
                                             (BSA E-Filing) submissions. This functionality will give BSA E-Filers a Document Control Number (DCN) as an acknowledgement of receipt         Submissions
                                             for a submitted SAR. Acknowledgements will be available for all SAR form types: Suspicious Activity Report by Depository Institutions (SAR-
                                             DI), Suspicious Activity Report by the Securities and Futures Industries (SAR-SF), Suspicious Activity Report by Casinos and Card Clubs
                                             (SAR-C), and Suspicious Activity Report by Money Services Businesses (SAR-MSB).




                                                                                                                                     12 of 16
                                                                                                                    Delaware Banker's Association
                                                                                                                   Regultory Compliance Committee
                                                                                                                   Regultory Report 8/1/09 - 10/2/09

Date Issued              Regulator                                                                               Description                                                                         Link                Type    Effective Date Comment Date Compliance Date

  8/31/09     Financial Crimes Enforcement      Guidance on Determining Eligibility for Exemption from Currency Transaction Reporting Requirements. The FinCEN is issuing this guidance          FIN-2009-      Guidance
              Network                           to help banks1 determine whether a customer is eligible for exemption from currency transaction reporting requirements. This guidance provides   G003
                                                examples and answers to commonly asked questions regarding the final rule3 that FinCEN issued in December, 2008, which amended the
                                                currency transaction report ("CTR") exemption requirements.
  9/4/09      Federal Reserve Board Financial   Important Information about Revisions to the Operating Circular 2, Cash Services. The OC-2 has been redefined as the document that details       OC2        Guidance               11/1/09
              Services                          the legal relationship between your institution and the Federal Reserve, and the procedure details of Cash Services have been transferred to a   Announceme
                                                new companion document called the Cash Services Manual of Procedures (CSMOP). Both documents are effective November 1, 2009.                     nt

  9/15/09     Federal Reserve Board Financial   Additional Check 21-Related FedReceipt Routing Numbers.                                                                                          FRB            Notice
              Services                                                                                                                                                                           Procedure
  9/17/09     Federal Reserve Board Financial   Effective October 1, 2009, Reserve Banks will no longer provide source of receipt information over the phone through the Check or Check 21       FRB FS         Notice             10/1/09
              Services                          Customer Support Centers.                                                                                                                        Procedure
  9/22/09     Federal Reserve Board Financial   FedForward Deferred Fine Sort Cash Letter Fee Change. Effective Monday, November 2, 2009, cash letter fees for the FedForward Deferred           FRBFS          Notice             11/2/09
              Services                          Fine Sort product will be reduced from $6.00 per cash letter at all deadlines to $3.50 per cash letter at all deadlines.                         Notice
  9/28/09     Federal Reserve Board Financial   Federal Reserve Banks announce support for Microsoft Windows Vista                                                                               Notice         Notice
              Services                                                                                                                                                                           9/24/09
  9/28/09     Federal Reserve Board Financial   New Credit Procedures for Separately Sorted EZ Clear Savings Bonds. Beginning Monday, November 2, 2009, credit for all separately sorted         Procedures -   Notice
              Services                          savings bonds will be passed by the Pittsburgh Office. Separately sorted savings bonds sent to other Reserve Bank processing offices will be     Bonds -
                                                forwarded to the Pittsburgh Office for processing and credit. For faster credit, customers are encouraged to send their separately sorted savings9/28/09
                                                bonds directly to Pittsburgh if they are not already doing so.
  8/11/09     Federal Trade Commission          Rule Concerning the Use of Prenotification Negative Option Plans. The FTC re-opens the time period for filing public comments in response to FR Doc E9-         Reopening of                     10/13/09
                                                its Advance Notice of Proposed Rulemaking and Request for Public Comments for sixty (60) days. A ``negative option'' is any type of sales         19123         Comment Period
                                                term or condition that allows a seller to interpret the customer's silence or failure to take an affirmative step as acceptance of an offer. One
                                                common ``negative option'' is the prenotification negative option plan. In such a plan, consumers receive periodic announcements of upcoming
                                                merchandise and have a set period to contact the company and decline the item. If they remain silent, the company sends them the merchandise.

  8/20/09     Federal Trade Commission          FTC Announces Public Forum on Proposed Debt Relief Amendments to the Telemarketing Sales Rule. The Federal Trade Commission is                    PR 8/20/09    Press Release
                                                inviting interested persons to participate in a public forum on November 4, 2009, to discuss proposed debt relief amendments to the
                                                Commission’s Telemarketing Sales Rule. The recently proposed rules seek to combat deceptive and abusive telemarketing of debt relief services
                                                that purportedly can reduce consumer credit card debt and other unsecured debt. The debt relief forum, which is free and open to the public, will
                                                be held at 600 Pennsylvania Avenue, NW, Washington, DC 20850. Seating is limited and will be provided on a first come, first served basis.
                                                The Commission will publish an agenda on its Web site prior to the event.
  9/15/09     Federal Trade Commission          FTC to Host Public Roundtables to Address Evolving Consumer Privacy Issues. The Federal Trade Commission will host a series of day-long        FTC Public       Notice
                                                public roundtable discussions to explore the privacy challenges posed by the vast array of 21st century technology and business practices that Roundtable
                                                collect and use consumer data. Such practices include social networking, cloud computing, online behavioral advertising, mobile marketing, and
                                                the collection and use of information by retailers, data brokers, third-party applications, and other diverse businesses. The goal of the
                                                roundtables is to determine how best to protect consumer privacy while supporting beneficial uses of the information and technological
                                                innovation. The Privacy Roundtables are free and open to the public. The first will be held Monday, December 7, 2009

  8/12/09     Government Accountability         Fair Lending: Data Limitations and the Fragmented U.S. Financial Regulatory Structure Challenge Federal Oversight and Enforcement Efforts.       GAO-09-704 Report
              Office
  9/24/09     Government Accountability         Troubled Asset Relief Program: Status of Efforts to Address Transparency and Accountability Issues.                                              GAO 09-        Report
              Office                                                                                                                                                                             1048t




                                                                                                                                         13 of 16
                                                                                                                        Delaware Banker's Association
                                                                                                                       Regultory Compliance Committee
                                                                                                                       Regultory Report 8/1/09 - 10/2/09

Date Issued              Regulator                                                                                    Description                                                                          Link               Type   Effective Date Comment Date Compliance Date

  9/29/09     Government Accountability          Financial Regulation: Recent Crisis Reaffirms the Need to Overhaul the U.S. Regulatory System.                                                        GAO 09-       Report
              Office                                                                                                                                                                                   1049t
  8/13/09     Department of Housing and          HUD Announces Posting of Frequently Asked Questions on New RESPA Rule.. HUD Assistant Secretary for Housing-Federal Housing                           RESPA         Press Release
              Urban Development                  Commissioner David Stevens announced the first release of frequently asked questions (FAQs) concerning implementation of the new Real                 FAQs
                                                 Estate Settlement Procedures Act (RESPA) rule. The FAQs were compiled from questions received from industry since the publication of the
                                                 Rule. Under the new RESPA rules consumers will, for the first time ever, be able to use the Good Faith Estimate to easily compare their
                                                 estimated loan offer with the one to which they actually agree. It will provide clear, transparent disclosure of loan information that consumers
                                                 can use to shop for the best loan - resulting in lower interest rates and lower origination and settlement costs for borrowers. This will virtually
                                                 eliminate the kinds of unfair junk fees that surprise so many borrowers at closing. In the end, this greater clarity and transparency will save
                                                 consumers hundreds of dollars in total loan costs. The new RESPA regulations were published November 17, 2008 and are scheduled to take
                                                 full effect on January 1, 2010. On that date, HUD will require that loan originators provide borrowers with the new standard Good Faith
                                                 Estimate and closing agents provide borrowers with the new HUD-1 settlement statement.
  9/14/09     Department of Housing and          Request for Comments on Ending ``Hold Harmless'' Policy in Calculating Income Limits Under Section 8 of the United States Housing Act of    FR Doc E9-              Request for                     10/14/09
              Urban Development                  1937. For Fiscal Year (FY) 2009, HUD has continued its policy of maintaining Section 8 income limits at the previously published level in   22077                   Comment
                                                 cases where HUD's estimate of area median family income (MFI) or housing cost adjustment data, or changes in calculation methodology,
                                                 would lead to a lower income limit than was previously published. The policy was adopted to ensure that Multifamily Tax Subsidy Projects
                                                 (MTSPs) would not be subject to income-limit and rent decreases when the data underlying income limits otherwise indicated decreases. The
                                                 Housing and Economic Recovery Act of 2008 (Pub. L. 110-289) changed the tax code to protect existing MTSPs from decreases in income
                                                 limits and rents, should HUD decide to discontinue this policy. However, maintaining artificially high income limits may have an adverse
                                                 impact on other federal programs. HUD is requesting public comment on whether HUD should discontinue the practice with respect to Section 8
                                                 income limits such that income limits generally would be allowed to decrease.


  8/13/09     Joint Agency Issuance              Funding and Liquidity Risk Management. This notice corrects the notice published on July 6, 2009 on the proposed guidance on funding and              FR Doc E9-    Correction
                                                 liquidity risk management. The Federal Reserve is correcting the Affected Public and Estimated Burden sections of Part III (Paperwork                 19406
                                                 Reduction Act) and the agencies are correcting a footnote regarding the definition of ``financial institution.''
  8/10/09     Office of the Comptroller of the   OCC 2009-27, Other Consumer Protection Laws and Regulations: New and Revised Examination Procedures. OCC issues revised booklet for                   OCC           Bulletin
              Currency                           "Other Consumer Protection Laws and Regulations," which is part of the Comptroller's Handbook.                                                        Bulletin
                                                                                                                                                                                                       2009-27
  8/13/09     Office of the Comptroller of the   OCC 2009-28, Helping Families Save Their Homes Act of 2009 - Title VII Tenant Protections: Guidance. OCC offers guidance on tenant                    OCC           Bulletin
              Currency                           protection provisions of Helping Families Save Their Homes Act of 2009.                                                                               Bulletin
                                                                                                                                                                                                       2009-28
  8/26/09     Office of the Comptroller of the   OCC 2009-29, Truth in Lending: Interim Final Rules. The bulletin describes recent Federal Reserve rules affecting notices of changes to credit        OCC           Bulletin
              Currency                           card account terms, and it directs national banks to provide an additional disclosure to better inform consumers.                                     Bulletin
                                                                                                                                                                                                       2009-29
  9/3/09      Office of the Comptroller of the   Alert 2009-15 - Hilltop National Bank of Casper, Wyo., reports that counterfeit cashier's checks issued in the bank's name are being presented        Alert 2009-   Alert
              Currency                           for payment nationwide.                                                                                                                               15
  9/8/09      Office of the Comptroller of the   Alert 2009-16 - The First National Bank of Peterstown of Peterstown, W.Va., reports that counterfeit cashier's checks issued in the bank's name       Alert 2009-   Alert
              Currency                           are being presented for payment nationwide.                                                                                                           16
  9/17/09     Office of the Comptroller of the   Alert 2009-17 - Kleberg First National Bank of Kingsville, of Kingsville, Texas, reports that counterfeit cashier's checks issued in the bank's       Alert 2009-   Alert
              Currency                           name are being presented for payment nationwide.                                                                                                      17
  9/18/09     Office of the Comptroller of the   OCC 2009-30 - Proposed rule to address the effect on regulatory capital resulting from implementation of FASB's changes to standards                  OCC           Bulletin
              Currency                           regarding transfer of financial assets and consolidation of variable interest entities.                                                               Bulletin
                                                                                                                                                                                                       2009-30




                                                                                                                                              14 of 16
                                                                                                                     Delaware Banker's Association
                                                                                                                    Regultory Compliance Committee
                                                                                                                    Regultory Report 8/1/09 - 10/2/09

Date Issued              Regulator                                                                                 Description                                                                        Link               Type       Effective Date Comment Date Compliance Date

  9/21/09     Office of the Comptroller of the   Licensing Manual Update - The revised "Background Investigations" booklet of the Licensing Manual series removed a statement about sharing     Background Guidance
              Currency                           background investigations results and about a foreign certification form.                                                                      Investigations
                                                                                                                                                                                                 Manual
  9/28/09     Office of the Comptroller of the   OCC 2009-31 Concentration Risks proposed guidance outlines agencies' expectations for banks with respect to identifying, monitoring, and       OCC            Bulletin
              Currency                           managing correspondent concentration risks, and due diligence on credit exposures between institutions.                                        Bulletin
                                                                                                                                                                                                2009-31
  9/28/09     Office of Thrift Supervision       CEO Ltr 321 - “No Interest, No Payment” Credit Card Programs. On January 8, 2003, the OTS, the OCC, the FRB, and the FDIC jointly issued CEO Ltr 321 CEO Letter
                                                 the “Account Management and Loss Allowance Guidance for Credit Card Lending (“AMG”). That guidance articulated sound account
                                                 management, risk management, and loss allowance practices for all institutions engaged in credit card lending. This memorandum reminds
                                                 savings associations of some of the specific requirements of that guidance.
  8/11/09     Securities and Exchange            Notice Regarding the Requirement To Use eXtensible Business Reporting Language Format To Make Publicly Available the Information               FR Doc E9- Notice                     8/10/09
              Commission                         Required Pursuant to Rule 17g-2(d) of the Exchange Act. The Commission is providing notice that an NRSRO subject to the disclosure             19125
                                                 provisions of paragraph (d) of Rule 17g-2 can satisfy the requirement to make publicly available ratings history information in an XBRL format
                                                 by using an XBRL format or any other machine-readable format, until such time as the Commission provides further notice.

  8/14/09     Securities and Exchange            Regulation FD - These Compliance and Disclosure Interpretations ("C&DIs") comprise the Division's interpretations of Regulation FD. Some of Interpretation Interpretation
              Commission                         these C&DIs were first published in prior Division publications and have been revised in some cases.                                        s: Regulation
                                                                                                                                                                                             FD

  9/4/09      Securities and Exchange            Regulation S-AM: Limitations on Affiliate Marketing A Small Entity Compliance Guide.                                                              Small Entity Guidance
              Commission                                                                                                                                                                           Compliance
                                                                                                                                                                                                   Guide -
                                                                                                                                                                                                   Regulation S-
                                                                                                                                                                                                   AM
  9/4/09      Securities and Exchange            Report of Investigation Executive Summary of the Madoff Ponzi Scheme                                                                              Executive    Report
              Commission                                                                                                                                                                           Summary
  9/16/09     Securities and Exchange            Securities Lending and Short Sale Roundtable. The Commission will host a one and a half day roundtable to solicit the views of investors,         FR Doc E9-   Notice                              10/30/09
              Commission                         issuers, financial services firms, self-regulatory organizations and the academic community regarding securities lending and short sales. The     22264
                                                 roundtable will include a comprehensive overview of securities lending and also analyze possible short sale pre-borrowing requirements and
                                                 additional short sale disclosures. The roundtable discussion will be held in the auditorium of the SEC headquarters at 100 F Street, NE., in
                                                 Washington, DC on September 29, 2009 from 9:30 a.m. to approximately 4 p.m. (securities lending) and September 30, 2009 from 9:30 a.m. to
                                                 approximately 12:30 p.m. (pre-borrowing and possible additional short sale disclosures). The public is invited to observe the roundtable
                                                 discussion. Seating will be available on a first-come, first-served basis. The roundtable discussion also will be available via Web cast on the
                                                 Commission's Web site at http://www.sec.gov. The Commission will accept comments regarding issues addressed in the roundtable discussion
                                                 until October 30, 2009.
  8/5/09      Financial Industry Regulatory      FINRA Reminds Alternative Trading Systems of Their Reporting Obligations. This Notice reminds firms that are alternative trading systems or 2009-46            Regulatory Notice
              Authority                          operate alternative trading systems that, in addition to filing all reports required by Regulation ATS with the Securities and Exchange
                                                 Commission, they also must simultaneously file duplicate copies of most such reports with FINRA. Firms may submit these reports to FINRA
                                                 either in hard copy via U.S. mail or electronically to atsfilings@finra.org.
  8/6/09      Financial Industry Regulatory      New Large Options Positions Report (LOPR) Requirements Due to Implementation of Options Symbology Initiative. The Options Clearing              2009-47        Regulatory Notice
              Authority                          Corporation and its participant exchanges have begun implementation of the Options Symbology Initiative, which will affect member firms'
                                                 reporting of positions to the Large Options Positions Report (LOPR) system. This Notice highlights changes to LOPR reporting as a result of the
                                                 implementation.




                                                                                                                                           15 of 16
                                                                                                                  Delaware Banker's Association
                                                                                                                 Regultory Compliance Committee
                                                                                                                 Regultory Report 8/1/09 - 10/2/09

Date Issued              Regulator                                                                              Description                                                                         Link         Type          Effective Date Comment Date Compliance Date

  8/14/09     Financial Industry Regulatory   SEC Approves Rule Establishing Expedited Procedures for Arbitrating Promissory Note Cases. FINRA will begin expediting the administration 2009-48            Regulatory Notice     9/14/09
              Authority                       of cases that solely involve a brokerage firm's claim that an associated person failed to pay money owed on a promissory note. Under the new
                                              procedures, a single public arbitrator from the roster of arbitrators approved to hear statutory discrimination claims will decide such promissory
                                              note cases. FINRA amended Rules 13214 and 13600 of the Code of Arbitration Procedure for Industry Disputes to make conforming changes

  8/14/09     Financial Industry Regulatory   SEC Approves Amendments to Modernize and Simplify NASD Rule 2720 Relating to Public Offerings in Which a Member Firm With a                        2009-49   Regulatory Notice     9/14/09
              Authority                       Conflict of Interest Participates. Firms must comply with the requirements of new NASD Rule 2720 (Public Offerings of Securities with
                                              Conflicts of Interest), which governs public offerings of securities in which a member firm with a conflict of interest participates. The new rule
                                              amends and replaces the previous NASD Rule 2720 in its entirety
  8/17/09     Financial Industry Regulatory   SEC Approval and Effective Date for New Consolidated FINRA Rules. Following the consolidation of NASD and the member regulation,                   2009-50   Regulatory Notice
              Authority                       enforcement and arbitration functions of NYSE Regulation into FINRA, FINRA established a process to develop a new consolidated rulebook
                                              (Consolidated FINRA Rulebook), which FINRA has discussed in previous Information Notices. FINRA is proposing new consolidated rules in
                                              phases for approval by the SEC as part of the Consolidated FINRA Rulebook. In June and July 2009, the SEC approved two rule filings relating
                                              to the Consolidated FINRA Rulebook. New FINRA Rule 2320 will take effect on October 19, 2009. The repeal of Incorporated NYSE Rules
                                              134 and 440I will take effect on August 17, 2009.
  8/20/09     Financial Industry Regulatory   SEC Approves Amendments Relating to Recordkeeping and the Unsolicited Customer Order Exception of SEA Rule 15c2-11                               2009-51     Regulatory Notice     9/21/09
              Authority
  8/27/09     Financial Industry Regulatory   SEC Approves Amendments to FINRA Trade Reporting Rules on OTC Equity Transactions Executed Outside Normal Market Hours.                          2009-52     Regulatory Notice     1/11/10
              Authority
  8/31/09     Financial Industry Regulatory   Increased Margin Requirements for Leveraged Exchange-Traded Funds and Associated Uncovered Options. Effective December 1, 2009,                  2009-53     Regulatory Notice     12/1/09
              Authority                       FINRA is implementing increased customer margin requirements for leveraged ETFs and uncovered options overlying leveraged ETFs, in
                                              accordance with NASD Rule 2520 and Incorporated NYSE Rule 431.
  9/4/09      Financial Industry Regulatory   SEC Approves Amendments Requiring Related Market Center Indicator in Non-Tape Reports Submitted to FINRA. Effective Monday,March 2009-54                     Regulatory Notice      3/1/10
              Authority                       1, 2010, firms submitting a non-tape report (either a non-tape, non-clearing report or clearing-only report) to the Alternative Display Facility
                                              (ADF), a Trade Reporting Facility (TRF) or the OTC Reporting Facility (ORF) associated with a previously executed trade that was not reported
                                              to that same FINRA Facility must identify the facility or market where the associated trade was reported for dissemination purposes.

  9/21/09     Financial Industry Regulatory   FINRA requests comments on proposed new FINRA rules governing communications with the public. These new rules would replace current              2009-55     Regulatory Notice                   11/20/09
              Authority                       NASD Rules 2210 and 2211, the Interpretive Materials that follow NASD Rule 2210, and portions of Incorporated NYSE Rule 472.While the
                                              proposed rules are based upon these rules' current provisions, the new FINRA rules would employ new communications categories and require
                                              the filing of certain types of communications that currently are not required to be filed. The proposal also would make a number of other
                                              changes to the communications rules.
  9/21/09     Financial Industry Regulatory   On August 20, 2009, FINRA filed with the SEC a proposal to change FINRA's regulatory pricing structure by restructuring the Personnel           2009-56      Regulatory Notice
              Authority                       Assessment and Gross Income Assessment fees in order to stabilize revenues used to fund FINRA's regulatory activities. If approved, the pricing
                                              changes would take effect on January 1, 2010. The SEC has published the proposal for comment. FINRA encourages firms to send comments to
                                              the SEC by the October 2, 2009, deadline.
  9/29/09     Financial Industry Regulatory   SEC Approves Amendments Expanding TRACE to Include Agency Debt Securities and Primary Market Transactions.                                      2009-56      Regulatory Notice      3/1/10
              Authority
  9/29/09     Financial Industry Regulatory   SEC Approves Amendments Expanding TRACE to Include Agency Debt Securities and Primary Market Transactions                                        2009-57     Regulatory Notice
              Authority




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