Speech by Commissioner Chilton In response to rising gasoline prices at the pump, CFTC Commissioner Bart Chilton once again lists numerous academic studies, reports, and citations that purport to support the contention that speculators have some effect on commodity prices. He concludes that "given the breadth, depth, and overall trending of these figures, there can be no doubt that speculative activity does indeed have some effect on commodity pricing." Cross References: Dodd-Frank Section 737.

The Division of Swap Dealer and Intermediary Oversight issued an interpretation regarding the time period for which past performance is required to be disclosed by persons required to register as CTAs because they engage in off-exchange retail foreign currency transactions ("retail forex"). Such persons ("Forex CTAs") are required to disclose performance information for the period beginning October 18, 2010, the date upon which the Commission's regulations governing retail forex became effective. A Forex CTA that chooses to present past performance information for any period of time prior to

77 FR 9734 The CFTC is adopting final rules to implement the Dodd-Frank Act's business conduct requirements for swap dealers and major swap participants in their dealings with counterparties, including "Special Entities." These rules prescribe external business conduct standards for swap dealers and major swap participants. In particular, the rules prohibit certain abusive practices, require disclosures of material information to counterparties and require SDs/MSPs to undertake certain due diligence relating to their dealings with counterparties, but do not apply to transactions initiated on a

Open Meeting CFTC Press Release 6184-12 View Archived Webcast The CFTC held a public meeting on February 23, 2010 to consider one final rule and one proposed rule on the following topics: (1) Final Rule: Swap Dealer and Major Swap Participant Recordkeeping and Reporting, Duties, and Conflicts of Interest Policies and Procedures; Futures Commission Merchant and Introducing Broker Conflicts of Interest Policies and Procedures; Swap Dealer, Major Swap Participant, and Futures Commission Merchant Chief Compliance Officer; and (2) Proposed Rule: Procedures to Establish Appropriate Minimum Block

77 FR 11345 The CFTC is proposing amendments to its regulations regarding requirements applicable to investment companies registered under the Investment Company Act of 1940 ("registered investment companies") whose advisors will be subject to registration as CPOs due to changes to section 4.5 that the Commission is adopting. In particular, the CFTC is proposing to amend § 4.12(c) such that the CPO of any pool whose units of participation will be offered and sold pursuant to an effective registration statement under the Securities Act of 1933 may claim the relief from the delivery and