Futures Industry Association Principal Traders Group ("FIA PTG") Chair Rob Creamer stated that FIA PTG will carefully review the CFTC's proposed rules on automated trading and analyze their potential implications. He said that FIA PTG will pay "particularly close attention" to the issue of access to proprietary algorithms and the intellectual property concerns raised by Commissioner Christopher Giancarlo. In a statement released following the CFTC's open meeting held November 24th, Mr. Creamer said: "the Commissioners have emphasized a data-driven approach and have referenced standards that

FINRA identified four areas for investors to consider when reviewing their portfolios for rebalancing. The investor education podcast suggested that investors should: (i) know what "asset allocation" actually means; (ii) understand the importance of rebalancing a portfolio; (iii) understand the costs of shifting assets; and (iv) consider including other asset classes to spread out investment risk.

The CFTC's proposed renewal of rules mandating the collection of certain information by the CFTC was published for comment in the Federal Register. "The information collection obligations imposed by the regulations are necessary to ensure that each swap dealer and major swap participant maintains the required records of their business activities and an audit trail sufficient to conduct comprehensive and accurate trade reconstruction. The information collections contained in the regulations are essential to ensuring that swap dealers and major swap participants document their swaps, reconcile

ISDA published the SwapsInfo Third Quarter 2015 Review, providing analysis on interest rate derivatives (IRDs) and credit default swap (CDS) index trading activity. The report issued a breakdown of publicly available data and analyzed the impact of regulatory changes on electronic and bilateral trading volumes, as well as cleared and non-cleared activity. According to the report, the research showed that the proportion of trades transacted on electronic execution venues and cleared through central counterparties increased in the third quarter of 2015. Highlights from the report include

Please see the Cabinet's list of significant effective dates and comment deadlines. For more information on upcoming dates and deadlines, visit the Cabinet's Reg Tracker (available to subscribers only). Effective Dates December 7: MSRB proposal to adopt Rule G-18, which establishes a best-execution rule for transactions in municipal securities. ( MSRB Regulatory Notice) Comment Deadlines December 3: FINRA-proposed rule change relating to mandatory participation in business continuity and disaster recovery testing under Regulation SCI. ( 80 FR 70042) December 4: SEC-proposed amendments to rules