New SRO rule changes and proposals have been announced by the SEC. Click on the links below to view the SEC's notice of each rule change and proposal. CBOE: Effective Immediately - Rule Change Relating to Fingerprint-Based Background Checks of Exchange Directors, Officers, Employees and Others (See also: Exhibit 5) NYSE Arca: Effective Immediately - Rule Change to Amend the NYSE Arca Options Fee Schedule to Raise the Take Liquidity Fee for Firm and Broker Dealer Electronic Executions in Penny Pilot Issues (See also: Exhibit 5) NYSEMKT: Effective Immediately - Rule Change to Amend the NYSE Amex

The U.S. Court of Appeals for the District of Columbia Circuit ruled that the Dodd-Frank Act stripped the court of jurisdiction to review the SEC's failure to suspend an automatically effective SRO market data fee filing. As a result, the Court dismissed the petition brought by NetCoalition and the Securities Industry and Financial Markets Association ("SIFMA"). The Court's decision is largely procedural, however, as the Court also made clear that Section 19(d) of the Exchange Act provides the petitioners with the right to seek SEC review of the fees, and that, in conducting such review, the

The CFTC Division of Swap Dealer and Intermediary Oversight ("DSIO") issued a time-limited no-action letter that provides swap dealers and major swap participants with relief from compliance with External Business Conduct Standards (the "Standards") in connection with certain foreign exchange forwards and swaps that (i) are entered into with an eligible contract participant, (ii) have a settlement cycle of no more than seven local business days and (iii) are entered into prior to September 1, 2013. The letter provides that the reason for the delay in compliance to the External Business Conduct

The CFTC issued an Order of Registration to the Natural Gas Exchange Inc. ("NGX"), a foreign board of trade located in Calgary, Alberta, Canada. Under the Order, NGX is permitted to provide its identified members or other participants located in the U.S. with direct access to its electronic order entry and trade matching system. The Order is the first issued by the Commission pursuant to Part 48 of the Commission's regulations ("Registration of Foreign Boards of Trade"), which provide that such an Order may be issued to a foreign board of trade that possesses, among other things, the

SIFMA released the following statement from Acting President and CEO Kenneth E. Bentsen, Jr. regarding President Barack Obama's nomination of Michael Froman to be the next United States Trade Representative. In a global economy, the U.S. must remain a leader in advocating for open trade and investment and its importance to economic growth and job creation. We support the recently announced Transatlantic Trade and Investment Partnership ("TTIP"), as well as ongoing negotiations for a Trans-Pacific Partnership and an International Services Agreement. We believe these agreements offer steps