On 6 June 2014, the Federal Reserve Board announced the appointment of Eric S. Belsky as Director of the Division of Consumer and Community Affairs. He is expected to start at the Federal Reserve Board in August.

The full text of the press release announcing the appointment is available at:

http://www.federalreserve.gov/newsevents/press/other/20140606a.htmEvents.

7 and 8 July 2014: ESMA Open Hearings on MiFID II covering markets issues, investor protection and commodity derivatives. Information available at:

http://www.esma.europa.eu/news/ESMA-announces-three-open-hearings-MiFID-I I?t=326&o=home.