Meanwhile, we have "additional" surveillance of large traders in futures and options markets until the limits are in place. This is probably not worth anything.

During the next 60 days the pressure by Wall Street on the commisioners will probably rise to very high levels. I guess that O'Malia and Sommers will be against in any case. These two Republicans are there to block regulation rather than to help regulation get through. Chilton and Gensler seem to be in favour. So it will depend on Dunn, who today celebrated his 25 years at the CFTC.