In this issue of CFWD we discuss:

- The SEC Schedules Open Meetings on June 19 and June 20
- SEC to Amend Short Sale Rules
- NASD Maintains OSJ Definition
- NYSE Amends Program Trading Rules and Reporting Requirements
- SEC Approves CBOE and OCC Rule Changes Regarding
  Credit Default Options
- CBOE and ISE Permanently Extend Preferenced Order Programs
- Host State Loan-to-Deposit Ratios Issued by Banking Agencies
- Review of Issuer Liability and Fraudulent Misstatement
- FSA Publishes Feedback on Private Equity Risks
- Court Denies Motion to Dismiss Securities Fraud Claims
- Securities Fraud Plaintiff Failed to Plead Scienter Adequately