The CFTC has announced that it will hold a public meeting on Tuesday, November 5, 2013, at 9:30 a.m. to consider position limits for derivatives as well as other matters. For details, see below. WHAT: Position Limits for DerivativesAggregation of Accounts under Part 150, Position Limits*Note: Other items may be added to the agenda. WHERE: CFTC Headquarters Conference Center, Three Lafayette Centre, 1155 21st Street NW, Washington, DC 20581 WHEN: Tuesday, November 5, 2013, at 9:30 a.m. Viewing/Listening Information: The CFTC has made available the following options to access the meeting: Watch

The CFTC has announced that it will hold a public meeting on Wednesday, October 30, 2013, at 9:30 a.m. regarding (i) enhancing protections, (ii) the protection of the collateral of counterparties to uncleared swaps, (iii) ownership and control ("OCR") reports and forms, and (iv) other related matters.For details, see below. WHAT: Enhancing Protections Afforded Customers and Customer Funds Held by Futures Commission Merchants and Derivatives Clearing Organizations Protection of Collateral of Counterparties to Uncleared Swaps; Treatment of Securities in a Portfolio Margining Account in a

SIFMA submitted comments to the SEC on proposals by NYSE Arca, Inc. and NYSE MKT, LLC (the "Exchanges") to establish fixed dates on which rate changes can be applied to the Exchanges' respective Options Regulatory Fees ("ORF"). In its comments, SIFMA supported these changes and urged the SEC to approve the proposals. Furthermore, SIFMA said that the SEC should require the same schedules and notice requirements to be adopted by all U.S. options exchanges. See: SIFMA Comment Letter; SIFMA Press Release.

The SEC sanctioned investment advisory firms Modern Portfolio Management Inc., Equitas Capital Advisers LLC and Equitas Partners LLC for repeatedly ignoring problems with their compliance programs. The enforcement actions arose from the SEC Compliance Program Initiative, which targets firms previously warned by SEC examiners about compliance deficiencies and violations of Investment Advisers Act Rule 206(4)-7 ("Compliance Procedures and Practices"). Many of the compliance failures involved either significant mis-statements to clients or direct injury to clients; e.g., over-charging. See: SEC

The House Financial Service Subcommittee on Capital Markets and Government Sponsored Enterprises held a hearing titled, "Legislation to Further Reduce Impediments to Capital Formation." The hearing examined seven legislative proposals: H.R. 31 The Next Steps for Credit Availability Act H.R. 1800 The Small Business Credibility Act H.R. 1973 The Business Development Company Modernization Act H.R. 2274 Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act H.R. __ To direct the SEC to revise its regulations relating to requiring the use of eXtensible Business Reporting