The OCC, Board of Governors of the Federal Reserve System, and the FDIC (collectively, the agencies) are seeking comment on three notices of proposed rulemaking (NPRs) that would revise and replace the agencies’ current capital rules. Action: Joint notice of proposed rulemaking. Comments Due: September 7, 2012 Cross References: Dodd-Frank Sections 171and 939A.

The OCC, Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (FDIC) (collectively, the agencies) are seeking comment on three notices of proposed rulemaking (NPRs) that would revise and replace the agencies’ current capital rules. Action: Joint notice of proposed rulemaking. Comments Due: September 7, 2012 Cross References: Dodd-Frank Sections 171and 939A.

The OCC, Board of Governors of the Federal Reserve System, and the FDIC (collectively, the agencies) are seeking comment on three notices of proposed rulemaking (NPRs) that would revise and replace the agencies’ current capital rules. Action: Joint notice of proposed rulemaking. Comments Due: September 7, 2012 Cross References: Dodd-Frank Sections 171and 939A.

Yesterday the CFTC announced the filing and simultaneous settlement of charges against Open E Cry, LLC (OEC), a registered futures commission merchant (FCM), for failing to diligently supervise the handling of its customer accounts. OEC has offices in Powell, Ohio, and Chicago, Ill. View release in full here(links externally to CFTC website).

Yesterday the CFTC announced that it filed a civil enforcement action against Jose S. Rubio (Rubio) and Rubio Wealth Management, LLC (RWM) of Surfside and Coral Gables, Fla., respectively. The CFTC complaint charges Rubio and RWM with defrauding investors in connection with operating a commodity pool to trade commodity futures and off-exchange foreign currency (forex) contracts. The CFTC complaint also charges Rubio with making false statements to pool participants, misappropriating pool funds, commingling investor funds with those of RWM, failing to register as a commodity pool operator, and