The CFTC approved by a vote of 4-1 two proposed rules: (1) Documentation and Margining, and (2) Mandatory Clearing and Trading Implementation. The CFTC also discussed and vote on approving an International Organization of Securities Commissions (IOSCO) report: Principles for the Regulation and Supervision of Commodity Derivatives Markets Links to the Commissioner's Opening Statements, the Chairman's Statements on Support of the Dodd-Frank Rulemakings, and Additional Information (Fact Sheets and Questions and Answers related to each rulemaking) may be found by clicking the Open Meeting link

76 FR 54538 September 1, 2011 The CFTC is adopting regulations to implement section 21 of the Commodity Exchange Act, which establishes registration requirements, statutory duties, core principles and certain compliance obligations for registered swap data repositories ("SDRs"). The rules prescribe procedures and substantive requirements for registration as an SDR. The rules also provide for certification of SDRs located outside the U.S. Effective Date: October 31, 2011 Cross References: Dodd-Frank Act Section 728; new CEA Sec. 21; 17 CFR Part 49

Press Releases 6102-11 September 1, 2011 CFTC Chairman Gary Gensler, writing in an op-ed piece in Politico, states that "the CFTC [has] turned an important corner, as we began finalizing rules to make a more open and transparent derivatives market," and that "commissioners and staff are working day and night to put up the necessary street lamps to bring the swaps market out of the shadows and the traffic signals to protect the public from another financial crash." Arguing that swaps "heightened risk on Wall Street" during the 2008 financial crisis, he conclude that "until we complete our

Her Majesty's Courts and Tribunals Service September 1, 2011 The FSA imposed sanctions on Mr Jason Geddis in relation to market abuse committed by him during trading on the London Metal Exchange on 21 November 2008. In its Decision Notice dated 11 June 2010 the FSA decided to impose a penalty of £25,000, and made a prohibition order preventing him from performing any function in relation to any regulated activities. Mr Geddis referred the matter to the Upper Tribunal (the " Tribunal"), contending that the imposed sanctions were excessive and that he should have been subject to no more than a

September 1, 2011 The Financial Services Authority has obtained an interim injunction from the English High Court to restrain the operations of a number of companies it believes have participated in the market manipulation in UK listed shares. The alleged manipulation involved the process of 'layering', by which the various entities are alleged to have created a false impression as to the supply and demand of shares by placing large orders for shares which they had no intention of allowing to trade. The FSA's overall investigation of the matter and the associated court case are set to continue