The SEC's Office of Investor Education and Advocacy iissued an Investor Bulletin to help educate investors about the effects of chills and freezes on an investor's ability to hold and trade securities. A "chill" is a limitation of certain services available for a security on deposit at The Depository Trust Company("DTC"). A "freeze," formally referred to as a "global lock," is a complete restriction on all DTC services for a particular security on deposit at DTC. View bulletin in full here (links externally to SEC website).

In his opening remarks, CFTC Chairman Gary Gensler outlined several issues to be addressed during today's roundtable discussion of the proposed Volcker Rule, including: How to best allow banks to engage in risk-mitigating hedging without disturbing Congress' intent to limit the risks of proprietary trading; Whether certain strategies that involve hedging the risk of aggregated positions create the potential for abuse of the hedging exemption; How the prohibition on proprietary trading should best be applied to banking entities transacting in futures and swaps; and If the proposed exemption of

The CFTC will hold a public roundtable TODAY from 9:30 a.m. to 4:30 p.m., to discuss the proposed regulations to implement Section 619 (commonly known as the Volcker Rule) of the Dodd-Frank Act. Section 619 contains certain prohibitions and restrictions on the ability of banking entities to engage in proprietary trading and to have certain interests in, or relationships with, a hedge fund or private equity fund. The roundtable will consist of two panels that are composed of a variety of market participants and members of the public. The first panel, starting at 9:30 a.m., will discuss the

The latest Advisers Act Enforcement Action -- Gregory D. Tindall; IA-3409 (released 05/29/2012).

The latest Advisers Act Enforcement Action -- Elijah Bang; IA-3410 (released 05/29/2012).