The Senate Agricultural Committee passed the Commodity End-User Relief Act, a bill that would reauthorize the CFTC through 2018 and amend certain provisions of the Dodd–Frank Act.
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The SEC approved proposed FINRA Rule 4590 in order to reduce the synchronization tolerance for FINRA members' computer clocks that record events in National Market System securities. The SEC's order of approval was published in the Federal Register.
The Cabinet Regulatory Tracker provides a list of significant effective dates, and comment and filing deadlines.
The SEC held an open meeting at which it voted to adopt final rules that govern business conduct standards for security-based swap dealers and major security security-based swap participants.
University of Houston Professor Craig Pirrong commented on a finding by the Inspector General of the CFTC that the Commission's Chief Economist "prohibited relevant but potentially controversial research" on position limits.