The CFTC will begin to tackle automated and algorithmic trading by proposing rules meant to help regulators keep increasing computerized activity from inundating markets. Commissioners meet Tuesday to consider rules for markets in which almost all trading is electronic in some form and automated activity has come to account for more than 70 percent of all activity in recent years. Read the CFTC meeting notice here.
23 November 2015
Week InAdvance
please join us...
Tuesday, Nov 24
Cyber Security Council Telecon
11 am - noon ET
Entire INVESTORS membership
invited to join this call!!
save the date...
11/25 TELECON CANCELLED
Last Wednesday of Every Month
INVESTORS Membership Telecon
4:30 pm ET
Brief updates from all Council chairs.
All members welcome to listen in.
for details & call-in info...
Matthew Jones
Staff Director
mjones@association.institutionalINVESTORS.org
(202) 712-9050
week in brief
Monday, Nov 23
HUD's Castro holds call on neighborhood revitalization. Treasury Secretary Jack Lew holds town hall on the new $10 bill.

Tuesday, Nov 24
CFTC open meeting to consider proposing a long-awaited rule to regulate automated trading.

Thursday, Nov 26
Government offices and U.S. markets closed for Thanksgiving holiday.

Friday, Nov 27
U.S. equity markets close at 1 pm, bond markets close at 2 pm.
Please see below for details on these and other events this week.
at the agencies
Monday, Nov 23
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
Closed meeting for review and determination of the advance and discount rates to be charged by the Federal Reserve Banks.

Monday, Nov 23
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
HUD Secretary Julian Castro holds conference call briefing on new pilot grant initiative to help transform distressed neighborhoods.

Tuesday, Nov 24
COMMODITIES FUTURES TRADING COMMISSION
Open meeting to consider proposed rulemaking for regulation of automated trading. The proposal, which could be months-or longer-away, will focus primarily on strategies to control market disruptions, will be principles-based, and build on existing industry best practices, CFTC Chairman Timothy Massad said earlier in November. Last month, he said the agency plans to lay out requirements for testing and supervising automated algorithms to ensure they can be stopped in emergencies. 
  
 
on the hill
SENATE, HOUSE NOT IN SESSION
across the globe
Tuesday, Nov 24
LONDON, England
British Bankers Association (BBA) Trade and Transaction Reporting Conference. Speakers include Ana Fernandes at the U.K. Financial Conduct Authority; Giulia Ferraris, policy officer at ESMA; and Martin Mitov, policy officer, financial markets infrastructure, European Commission.



other events
Monday, Nov 23
NEW YORK CITY + via webcast
Practising Law Institute (PLI) 13th Annual Directors' Institute on Corporate Governance. Speakers include the SEC's Andrew Ceresney, director of the Division of Enforcement, Timothy O'Brien of the FBI, and Claudius B. Modesti of the Public Company Accounting Oversight Board.

Wednesday, Nov 25
WASHINGTON DC
World Bank President Jim Yong Kim holds an embargoed conference call briefing on "the need for an ambitious agreement on climate change and successful outcome from the Paris climate talks."