The SEC plans to approve Precidian Investments' non-transparent exchange-traded fund ("ETF") application. The conditional approval would permit registered open-end investment companies that are ETFs and are "actively managed" to operate without having to disclose their holdings on a daily basis.

At a CFTC co-sponsored Agricultural Commodity Futures Conference, CFTC Chair J. Christopher Giancarlo described how "market-based price discovery" is the key mechanism underpinning the American agricultural economy. In his remarks, CFTC Chair J. Christopher Giancarlo stated that this is "one of the most difficult periods for the agricultural sector" in a generation, due to the low price environment for agricultural commodities. He said that the "unshakeable" resilience of American agriculture is grounded in a central mechanism that supports the American agricultural economy - "market-based

At a Senate Appropriations Committee hearing on the FY 2020 budget request for the DOJ, Attorney General William Barr discussed the current state of interaction between state and federal law with respect to marijuana.

FINRA proposed to extend the pilot program regarding FINRA Rule 11892 (Clearly Erroneous Transactions in Exchange-Listed Securities) until October 18, 2019. FINRA's proposal is proposed in connection with proposed amendments to the "Plan to Address Extraordinary Market Volatility," which would permit the Plan to function on a permanent basis. FINRA filed the proposal for immediate effectiveness.

FINRA reported an update to the "Interpretations of Financial and Operational Rules." To help firms comply with SEC rules with regard to financial and operational matters, FINRA periodically updates specific interpretations provided by the SEC's Division of Trading and Markets. According to FINRA, this particular update concerns Exchange Act Rule 15c3-1(c)(2)(viii) (Open Contractual Commitments).