SEC Seeks Public Comment on Use of Derivatives by Mutual Funds and Other Investment Companies

01/09/2011 | SEC

SEC Seeks Public Comment on Use of Derivatives by Mutual Funds and Other Investment Companies
Chairman's statement Washington, D.C., Aug. 31, 2011 – The Securities and Exchange Commission today voted unanimously to seek public comment on a wide range of issues raised by the use of derivatives by mutual funds and other investment companies regulated under the Investment Company Act.
http://www.sec.gov/news/press/2011/2011-175.htm

SEC Seeks Public Comment on Asset-Backed Issuers and Mortgage-Related Pools Under Investment Company Act
http://www.sec.gov/news/press/2011/2011-176.htm


CFTC Releases Rule Enforcement Review of the New York Mercantile Exchange and the Commodity Exchange
Washington, DC – The Commodity Futures Trading Commission (Commission) has notified the New York Mercantile Exchange (NYMEX) and the Commodity Exchange (COMEX) of the results of a joint rule enforcement review completed by the Commission’s Division of Market Oversight (Division). The review covered trading from January 1, 2009 to December 31, 2009 (target period). The Division assessed NYMEX’s and COMEX’s (jointly referred to as “Exchange”) compliance with core principles relating to their audit trail, trade practice surveillance and disciplinary programs. Although NYMEX and COMEX merged with CME Group in August 2008, each exchange maintains independent status as a designated contract market. However, CME’s Market Regulation Department (Market Regulation) provides regulatory services for NYMEX and COMEX (as well as CME and CBOT). In addition, all four CME Group exchanges have substantially harmonized their trading rules and use the Globex platform for electronic trading.

http://www.cftc.gov/PressRoom/PressReleases/pr6101-11.html