In this issue of CFWD we discuss:

- SEC to Reduce Securities Act Filing Fees by 71.3%
- SEC and PCAOB Announce Panelists for Roundtable on Second-Year Experiences with Internal Control Reporting and Auditing Provisions
- Federal Reserve Invites Comment on Home Equity Lending Market
- NASD Modifies Short Interest Reporting
- NASD Extends Compliance Date for Recent Amendments to NASD's Order Audit Trail System Rules  
- Hart Scott Rodino -- Gun Jumping   Results in $1.8 Million Civil Penalty
- CFTC Initiates Formal Process to Define Foreign Boards of Trade