Open Meeting CFTC Press Release 6184-12 View Archived Webcast The CFTC held a public meeting on February 23, 2010 to consider one final rule and one proposed rule on the following topics: (1) Final Rule: Swap Dealer and Major Swap Participant Recordkeeping and Reporting, Duties, and Conflicts of Interest Policies and Procedures; Futures Commission Merchant and Introducing Broker Conflicts of Interest Policies and Procedures; Swap Dealer, Major Swap Participant, and Futures Commission Merchant Chief Compliance Officer; and (2) Proposed Rule: Procedures to Establish Appropriate Minimum Block

77 FR 11345 The CFTC is proposing amendments to its regulations regarding requirements applicable to investment companies registered under the Investment Company Act of 1940 ("registered investment companies") whose advisors will be subject to registration as CPOs due to changes to section 4.5 that the Commission is adopting. In particular, the CFTC is proposing to amend § 4.12(c) such that the CPO of any pool whose units of participation will be offered and sold pursuant to an effective registration statement under the Securities Act of 1933 may claim the relief from the delivery and

77 FR 11252 The CFTC issued final rules on registration and compliance of commodity pool operators , which require private funds that trade more than a de minimis level of commodities (including swaps) to have a commodity pool operator register with the CFTC. Specifically, the CFTC rescinded Rule 4.13(a)(4), which provided private pools with an exemption from having to have a CPO register with the CFTC. The CFTC has maintained its Rule 4.13(a)(3) de minimis exemption, which allows private pools that trade a de minimis level of commodities from having to have a CPO register with the CFTC (i.e

77 FR 8222 The CFTC is is calling for nominations to the Subcommittee on Automated and High Frequency Trading under the auspices of the Technology Advisory Committee. The Subcommittee was established to develop recommendations regarding the definition of high frequency trading (HFT) in the context of the larger universe of automated trading. The definition of HFT is anticipated to serve as an initial step towards assessing the presence and impact of HFT in CFTC regulated markets for consideration of appropriate policy responses.

CFTC President's Budget and Performance Plan, FY 2013 Chairman's Transmittal Letter, FY 2013 President's Budget and Performance Plan Statement of CFTC Commissioner Bart Chilton Statement of Dissent, Commissioner O'Malia Statement of Dissent , Commissioners O'Malia and Sommers The CFTC's budget request estimates the need for an appropriation of $308,000,000 and 1,015 staff-years for the agency. This amounts to a 50% increase from its current $205 million budget. Commissioner O'Malia's dissent argues that the agency's "budget request, like several requests before it, makes an unsubstantiated