The CFTC published a Concept Release and requested comments on risk controls and safeguards for automatic trading systems in the Federal Register. In the release, the CFTC noted that traditional risk controls and safeguards which relied on human judgements must be reevaluated, due to the transition of highly automated and interconnected trading environments. The Commission also stated its continuing commitment to the safety and soundness of the U.S. derivatives market. Comments must be submitted by December 11, 2013.
See: 78 FR 56542.
See also: CFTC Concept Release on Supervision and Regulation of Automated Trading (with Delta Strategy Group Summary) (September 10, 2013).