Speech by SEC Commissioner Elisse B. Walter February 4, 2011 In a recent speech, SEC Commissioner Elisse Walter discussed, among other things (i) the need for market participants (and attorneys) to actively engage the Commission with their concerns regarding Dodd-Frank and other SEC rulemaking, and (ii) corporate governance requirements being implemented under Dodd-Frank.

Speech by SEC Chairman February 4, 2011 In a recent speech, SEC Chairman Mary Schapiro highlighted a number of the Commission's recent initiatives. Her speech addressed, among other things (i) high frequency trading and the SEC's potential rulemaking in that area; (ii) restructuring of OCIE; (iii) rulemaking under Dodd-Frank; and (iv) the SEC's budget.

Petition for Rulemaking 4-623 January 28, 2011 TD Ameritrade Inc. submitted a petition to the SEC urging it to initiate rulemaking on market data structure. TDA questions whether effective price competition for market data products exists, and argues, among other things, that (1) the SEC should overhaul the CTA/UTP structure; and (2) closely examine private data feeds. Cross References Regulation NMS NetCoalition v. SEC, 615 F.3d 525 (D.C. Cir. 2010)

Bloomberg February 4, 2011 The CFTC may stagger the effective dates for Dodd-Frank Act rules to govern the $583 trillion swaps market, CFTC Chairman Gary Gensler said today in a speech. "Public comments will help inform the commission as to what requirements can be met sooner and which ones will take a bit more time," Gensler said in remarks prepared for delivery by videoconference to an American Bar Association derivatives and futures law committee at a conference in Naples, Florida. Cross References Dodd-Frank Act, Title VII

SEC Release 34-63811 February 1, 2011 The SEC published for comment a proposal by the Options Clearing Corporation (OCC) to accommodate the clearance of options on certain indexes measuring the "relative performance of one reference security or reference index relative to a second reference security or reference index." The proposal relates to a proposal by NASDAQ OMX PHLX to list and trade a set of options on certain indexes calculated based on two ETFs or other reference securities underlying options. Cross References SR-OCC-2011-02