U.S. Futures Exchanges Disciplinary Actions Report: January 2016

**To make our monthly futures exchange reports more concise and user-friendly, we have narrowed the scope to cover relevant enforcement actions and generally not to cover routine exchange issuances. Disciplinary Actions CME GROUP CME 13-9587-BC-3 Pre-Arranged Trades Violation of Rules 521 - Requirements for Open Outcry Trades (in part); 539 - Prearranged, Pre-negotiated and Noncompetitive Trades Prohibited (in part). On more than one occasion between July 9, 2013, and July 31, 2015, a member allegedly executed a portion of customer orders that was not bid openly and competitively in the pit...
Tags: 

Unmanned Aircraft System / Drone Update - House Transportation Committee Announces FAA Reauthorization Act

Today, members of the Transportation and Infrastructure Committee and Aviation Subcommittee announced the introduction of the Aviation Innovation, Reform, and Reauthorization (AIRR) Act (H.R. 4441). The AIRR Act is a six-year reauthorization of the Federal Aviation Administration (FAA). While the proposed reforms to air traffic control garnered the most attention in the media, the AIRR Act also addressed efforts to integrate civil unmanned aircraft systems (UAS) into the National Airspace System (NAS). The AIRR Act includes UAS-related provisions that: Expedite safe deployment of commercial...