In this issue of CFWD we discuss:

- Panel Opposes SEC Proposal to Drop Reconciliation
  for IFRS Filers
- GAO Critiques SEC’s Enforcement Division
- Amex Creates New Class of Off-Floor Market Makers
- Pre and Post Market Trade Through Restrictions on
  IOC Cross Orders Removed
- Banking Agencies Request Comment Regarding Garnishment Orders
- Information Memorandum on Conflicts of Interest Obligations
- Court Holds That Issue of Arbitrability Is to Be Decided
  by Arbitrator
- Third Circuit Court of Appeals Affirms Dismissal of Securities
  Fraud Claim
- Interpretive Notice Regarding Misuse of Trade Secrets and
  Proprietary Information Issued
- CFTC Hearing on Oversight of Regulated Futures Exchanges
  and ECMs