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.
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MASSAD IN NAPLES -- Commodity Futures Trading Commission Chairman Tim Massad is scheduled to speak on global regulatory issues Monday at this year's Global Financial Leadership Conference in Naples, Florida. CONFLICT MINERALS -- The House Financial Services Monetary Policy and Trade Subcommittee will hold a hearing Tuesday to examine the impact of the Dodd-Frank Act's requirement for public companies to report whether they source "conflict minerals" from the Democratic Republic of Congo and its nine neighboring countries. ARE WE SAFER? -- Former Federal Reserve Chairman Ben Bernanke and Federal Reserve Board Governor Daniel Tarullo will speak Tuesday at a Brookings Institution forum, "Are we safer? A look at the financial system, post-crisis." SEC'S WHITE IN THE HOUSE -- Securities and Exchange Commission Chair Mary Jo White is scheduled to testify before the House Financial Services Committee on Wednesday. FSOC TRANSPARENCY -- The House Financial Services Oversight and Investigations Subcommittee will hold a hearing Thursday on the lack of due process and transparency in the Financial Stability Oversight Council's designation of non-bank financial companies as Systemically Important Financial Institutions and the FSOC's relationship to the Financial Stability Board.
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