The CFTC has announced that it obtained a federal court order requiring Blue Sky Capital Management Corp. ("Blue Sky") and its principal, Gregory M. Schneider, jointly to pay a $140,000 civil monetary penalty for making false statements to representatives of the NFA. The complaint charged Blue Sky and Schneider with making false, fictitious, or fraudulent statements to the NFA and willfully concealing material facts from the NFA, in connection with 2008 audit of Blue Sky, at a time when Blue Sky was a registered CPO and CTA. The order found that Blue Sky and Schneider: misrepresented to the

The CFTC will hold a public meeting on Wednesday, September 12, 2012, at 9:30 a.m., to consider: Proposed Rules on Enhancing Customer Protections and Customer Funds Held by FCMs; and Final Rules on the Adaptation of Existing Regulations to Incorporate Swaps. Lofchie Comment: I note that the NFA has recently adopted a number of rules relating to the protection of customer assets. What: CFTC Open Commission meeting Where: CFTC Headquarters Conference Center, Three Lafayette Centre, 1155 21st Street, NW, Washington, DC 20581 When: Wednesday, September 12, 2012, 9:30 a.m. Click hereto learn more

There are eight upcoming CFTC closed meetings on the topics of Surveillance and Enforcement (click on each date below for time and contact information): September 7, 2012 September 14, 2012 September 21, 2012 September 28, 2012 October 5, 2012 October 12, 2012 October 19, 2012 October 26, 2012

FINRA requests comments on two issues relating to the dissemination of information on TRACE-eligible securities transactions. First, FINRA seeks input on whether it should maintain or modify current TRACE dissemination caps, under which the actual size (volume) of a transaction over a certain par value is not displayed in disseminated real-time TRACE transaction data. Second, FINRA requests comment on whether transactions in TRACE-eligible securities effected pursuant to Securities Act Rule 144A (Rule 144A transactions) should be disseminated and, if so, the scope and manner of such

Financial Services Committee Chairman Spencer Bachus has announced the Committee's hearing schedule for the month of September: Hearing on the Terrorism Risk Insurance Act: Tuesday, September 11 Full Committee Markup (of undisclosed legislation): Wednesday, September 12 JOBS Act Implementation: Thursday, September 13 Examination of Credit Reporting Issues: Thursday, September 13 Helping Homeless Veterans: Friday, September 14 CFPB Oversight: Thursday, September 20 Monetary Effects of Interest Rates: Thursday, September 20 Click hereto learn more about each hearing (links externally to