Chilton suggested that an insurance fund, similar to the ones established in the securities and banking industries, be established for futures customers. [SL Comments: Obviously, this suggestion is made against the background of MF Global and Peregrine, which failures create the need, or at least a desire, to restore confidence in the futures industry. Query: If there were such a fund, would it now be bankrupt in light of those two failures? Does such a fund create "moral hazard" in that it disincentivizes customers from considering the creditworthiness of their FCMs? (As a constant critic of

Change made to specify that the potential range for the settings applicable to the market maker risk limitation mechanism will be between one and 100 executions per second, to eliminate the current reference to the default setting and, in the future, to specify the applicable minimum, maximum and default settings via regulatory bulletin. View release in full here (links externally to SEC website).See also: Exhibit 5.

On July 19, 2010, the CFTC published for public comment a Notice of Proposed Rulemaking that proposed to collect certain account ownership and control information for all trading accounts active on U.S. futures exchanges and other reporting entities (‘‘OCR NPRM’’). After considering all comments received in response to the OCR NPRM, the CFTC is withdrawing the OCR NPRM and instead pursuing the collection of account ownership and control information through a separate proposed rulemaking published today elsewhere in the notice section of the Federal Register. Effective Date: July 26, 2012, the

On July 25 2012, CME Group Executive Chairman and President Terry Duffy appeared before the House Committee on Agriculture to discuss "Oversight of the Swaps and Futures Markets: Recent Events and Impending Regulatory Reforms" with the goal of addressing the misuse of customer funds by MF Global and Mr. Wasendorf of Peregrine Financial Group ("PFG"). In addition, Mr. Duffy discussed working with Congress, the CFTC, NFA, FIA and market participants to reevaluate the current system and to find solutions to safeguard customer funds against fraud and misuse. For a general discussion of the CFTC

This is a notice of application by Saratoga Investment Corp. for an exemption from Investment Company Act sections 18(a) and 61(a). Saratoga Investment Corp. seeks permission to follow a modified asset coverage in light of the policy behind regulation of Business Development Companies. Cross Reference(s): Investment Company Act Sections 6(c), 18(a) and 61(a). View release in full here (links externally to SEC website).