CFTC Commissioner Bart Chilton delivered a speech about future CFTC initiatives at the American Gas Association Energy Market Regulation Conference. The speech was generally a restatement of various positions that the Commissioner has previously asserted, including his belief that there should be greater regulation of "massive passives," high-speed traders and banks. As a unifying theme of his speech, Commissioner Chilton recited various events that had occurred on October 3rd in recent years, including that the Roy of Siegfried and Roy had been injured, which Commissioner Chilton linked to

CFTC Commissioner Bart Chilton spoke before the Society of American Business Editors and Writers about the financial industry regulatory environment while displaying his familiarity with the oeuvre of Bruce Springsteen. Commissioner Chilton began by criticizing the free-market approach during the "Decade of Deregulation" between 1997 and 2007, which created some " Rocky Ground". He explained that while Dodd-Frank provided much-needed regulation and safeguards for the financial industry, or what Chilton referred to as the "Better Days"; one problem that persistently remains "Across the Border"

The SEC announced charges and asset freezes against the operators and promoters of a worldwide pyramid scheme that falsely promises exponential, risk-free returns to investors in a venture that purportedly sells Internet-based children's educational courses. The SEC alleges that five entities based in Hong Kong, Canada and the British Virgin Islands, which collectively operate under business names "CKB" and "CKB168," are at the center of the scheme. According to the SEC's complaint, which was unsealed late yesterday in the U.S. District Court for the Eastern District of New York, the scheme's

The SEC approved an exemptive order providing a temporary exemption to broker-dealers from the requirements of recently adopted financial responsibility rules until March 3, 2014. On July 30, 2013, the SEC voted to adopt amendments to the following Exchange Act regulations: Rule 15c3-1 ("Net Capital Requirements for Brokers or Dealers"), Rule 15c3-3 ("Customer Protection - Reserves and Custody of Securities"), Rule 17a-3 ("Records to Be Made by Certain Exchange Members, Brokers and Dealers"), Rule 17a-4 ("Records to Be Preserved by Certain Exchange Members, Brokers and Dealers") and Rule 17a

The SEC is soliciting comments on an immediately effective rule change amending FINRA Rule 7730 ("Trade Reporting and Compliance Engine"). The rule change would: provide for Trade Reporting and Compliance Engine ("TRACE") data fees for real-time and historic data sets of transactions in TRACE-Eligible Securities that are effected pursuant to Securities Act Rule 144A ("Private Resales of Securities to Institutions"); clarify Level II Full Service Web Browser fee rates in light of the availability of additional data sets; and make other technical amendments. See: SEC Notice. See also: Text of