The CFTC settled charges against a registered commodity pool operator that made alleged material misstatements and omissions in disclosure documents about its operation of a multi-advisor commodity pool.

The SEC granted no-action relief to an ETF from the tender offer restrictions in Exchange Act Rule 14e-5 in connection with transactions in the ETF shares.

The SEC issued a no-action letter providing interpretive guidance on the application of Rule 144 to the exchange of units in an umbrella partnership for shares of the parent real estate investment trust.

The CFTC unanimously approved amended trade options rules that apply to certain physically settled options. The final rules will reduce the regulatory burden on end users entering into the transactions.

Chair Massad detailed five areas in which the CFTC is making progress toward enhanced trading and reduced risk in the financial system.