SEC Division of Trading and Markets Associate Director Wenchi Hu will leave the Commission in February 2017.

In a speech titled "Transitions Present Opportunities," CFTC Commissioner Sharon Y. Bowen outlined her views on Regulation Automated Trading, cybersecurity, position limits and diversity.

The First Department of the New York Appellate Division found that the seller of protection under a credit default swap ("CDS") did not act in bad faith when it took certain actions affecting the price of a security that effectively reduced the settlement amount owed by the seller under the CDS.

SEC Director of the Office of Compliance Inspections and Examinations Marc Wyatt will leave the Commission in February 2017.

President Donald J. Trump issued an Executive Order that (i) imposes a "total incremental cost allowance" on each executive agency, and (ii) requires two federal regulations to be rescinded for every new regulation implemented.