Chairman Paredes expressed concern that the "Dodd-Frank regulatory regime goes too far" in injecting the government into business decisions and worried that the "present wave of regulation will prove to be excessive . . . " He discussed also the regulation of executive compensation and the proper role of the board of directors, including as to how dissent among the board might be encouraged. View release in full here (links externally to SEC website).

View release in full here (links externally to SEC website).

View release in full here (links externally to Federal Register website).

The SEC is amending interim final temporary Rule 15b12-1T under the Exchange Act to extend the date on which the rule will expire from July 16, 2012 to July 16, 2013. Effective Date: July 16, 2012. Expiration Date: The expiration date of interim final temporary Rule 15b12-1T (17 CFR 240.15b12-1T) is extended to July 16, 2013. View rule release in full here (links externally to GPO website).

Division of Swap Dealer and Intermediary Oversight (DSIO) today announced the issuance of time-limited no-action relief for commodity pool operators (CPOs) and commodity trading advisors (CTAs) who have been exempt or excluded from registration but, because of recent amendments to CFTC Regulations 4.13and 4.5, now need to register and satisfy compliance obligations. View release in full here(links externally to CFTC website).