The CFTC approved the applications of trueEX, LLC and ICE Swap Trade, LLC for temporary registration as swap execution facilities pursuant to CFTC Rule 37.3. See: CFTC Letter to trueEX; CFTC Letter to ICE Swap Trade; CFTC Press Release. See also: CFTC Issues Notice of Temporary SEF Registration to TeraExchange, LLC (September 19, 2013); CFTC Issues Notice of Temporary SEF Registration to Javelin SEF, LLC and BGC Derivative Markets, L.P. (September 19, 2013); CME Group Files Application to Register as SEF (September 19, 2013); CFTC Issues Notice of Temporary Registration as SEFs to SwapEx, LLC

SIFMA released a study conducted by IHS Global (which was founded by Daniel Yergin, author of The Prize: The Epic Quest for Oil, Money and Power), which is intended to describe and support the role of banks in the physical commodities market. SIFMA stated that the study aims to explain and illustrate the important business role that banks play in the commodity sectors of the U.S. economy. Additionally, according to SIFMA, the study demonstrates how the role of banks and other financial intermediaries in physical commodities is beneficial in providing business access to capital and related risk

The SEC charged JPMorgan Chase Co. with misstating financial results and lacking the effective internal controls to detect and prevent its traders from fraudulently overvaluing investments to conceal trading losses, resulting in a penalty of $200 million. As part of a coordinated global settlement, three other agencies also announced settlements with JPMorgan, including the UK Financial Conduct Authority, the Board of Governors of the Federal Reserve, and the Office of the Comptroller of the Currency. JPMorgan is paying a total of approximately $920 million in penalties to settle the charges

FINRA issued a public statement, authored by the Office of the Chief Economist, to provide a framework to help ensure FINRA's rules are better designed to protect the investing public and maintain market integrity while minimizing unnecessary burdens. The framework outlined in the statement applies to the prospective analysis of rules and rule changes, and describes how FINRA will evaluate significant new rule proposals and amendments to existing rules. The public statement highlights three "core principles" regarding economic assessment impact for rulemaking: consult with key stakeholders in

CFTC Chairman Gary Gensler spoke at the ISDA European Conference regarding U.S. and international swaps market reform. Essentially, Chairman Gensler praised the work of the CFTC, saying, in effect, "it's all good," and closed by stating that the CFTC needs more funding. See: Chairman Gensler's Remarks.