The latest Advisers Act Enforcement Action -- Jason George Rivera, Jr.; IA-3411 (released 05/29/2012).

See: 77 FR 31767 The CFTC is adopting new and amended rules, guidance, and acceptable practices, which apply to the designation and operation of contract markets ("DCMs"). The rulemaking requires DCMs and DCM applicants to comply with a total of 23 core principles as a condition of obtaining and maintaining designation as a contract market under CEA Section 5(d). The rulemaking also governs the obligations of DCMs with respect to the processing, trading and execution of swaps, in addition to futures and options contracts. Comments Due: June 29, 2012. Cross References: Dodd-Frank Title VII

The latest Advisers Act Enforcement Action -- Quantek Asset Management, LLC, Bulltick Capital Markets Holdings, LP, Javier Guerra, and Ralph Patino; IA-3408, IC-30085, 33-9326 (released 05/29/2012).

This meeting will focus on three significant issues facing the futures and swaps industries as the Commission continues to finalize rules under the Dodd-Frank Act. Those issues are: (1) automated and high frequency trading (HFT): exchange oversight and definitions; (2) final recommendations from the Subcommittee on Data Standardization; and (3) credit limit checks: market structure and technology issues. What: Technology Advisory Committee Meeting Location: CFTC Headquarters Conference Center, Three Lafayette Centre, 1155 21st Street, NW, Washington, DC 20581 Date: March 29, 2012 Time: 10:00 a

The SEC today charged a Miami-based hedge fund adviser for deceiving investors about whether its executives had personally invested in a Latin America-focused hedge fund. The SEC’s investigation found that Quantek Asset Management LLC made various misrepresentations about fund managers having “skin in the game” along with investors in the $1 billion Quantek Opportunity Fund. Quantek’s executives never invested their own money in the fund. The SEC’s investigation also found that Quantek misled investors about the investment process of the funds it managed as well as certain related-party