NFA Rule 401 (Qualification Testing Requirement) had been amended, effective as of October 3, 2012. View amended rule here (links externally to NFA website).

Last month, ICE submitted amendments to Chapter 6 of its Rules to conform them to the CFTC’s Position Limits Rules. ICE has announced that it is withdrawing sections of the filing related to the CFTC's Position Limits Rules, which have since been vacated by the U.S. District Court for the District of Columbia. The amendments were intended to add provisions related to Energy Contracts, as well as clarify and provide consistency to certain other Rules. While ICE has withdrawn amendments specifically related to the CFTC's vacated Position Limits Rules, other amendments to Rules 6.13, 6.14(b), 6

The ICE Futures Exchange has announced that it will implement amendments to the Error Policy to provide for No Cancellation (“NCR”) and Reasonability Limit (“RL”) levels for the financial gas, power and emissions futures and options contracts. This will become effective Monday, October 15, 2012. Lofchie Comment: These policies have become extremely important in the securities market where an electronic trade has been mistakenly executed by a HAL 9000 gone haywire. They were the subject of some discussion in connection with the blow-up at Knight, where the regulators determined to break only

The OCC announced that Charles Taylor, Deputy Comptroller for Regulatory Policy, has been selected by the Basel Committee on Banking Supervision (Basel Committee) to chair its Standards Implementation Group (SIG). View announcement here (links externally to OCC website).

View excerpt from transcript here.