Updated: In a Tuesday ruling that apparently took the state Division of Child and Family Services by surprise, a Utah judge said a baby must be removed from a licensed foster home because the married couple in the home are not heterosexual.There has been no issue concerning the quality of care provided in the foster home, and DCFS director Brent Platt said state law allows legally married couples to be foster parents, according to the Salt Lake Tribune. The foster parents, April Hoagland and Beckie Peirce, are legally married and had hoped to adopt the girl, who was initially reported to be a 1-year old but is now said to be 9 months. She has been with them for three months.On Friday, however, 7th District Court Juvenile Judge Scott Johansen backpedaled, amending his original ruling to eliminate the removal order and scheduling a Dec. 4 hearing to determine the best interests of the child.His amended order says: “The court cited a concern that research has shown that children are … [Read more...] about Judge amends order that foster child be removed from married lesbian couple
On January 23, the Chicago Board Options Exchange (CBOE) proposed rule changes that would amend order ticket requirements for certain orders under CBOE Rules 6.53 and 24.20. Specifically, the proposed amendment to CBOE Rule 6.53 would require complex orders of 12 legs or less to be entered on a single order ticket at the time of systemization. Complex orders of more than 12 legs may be split across multiple order tickets as long as the Trading Permit Holder (TPH) entering the order includes 12 legs on one of the order tickets and identifies to the CBOE order tickets that are part of the same order. In addition, the proposed amendment to CBOE Rule 24.20 would require a single order ticket at the time of systemization for an SPX combo order of 12 legs or less. An SPX combo order containing more than 12 legs may be represented or executed as a single SPX combo order if it is divided among multiple order tickets and the TPH representing the SPX combo order includes 12 legs on one of the … [Read more...] about Chicago Board Options Exchange (CBOE) Proposes to Amend Order Ticket Requirements for Certain Orders
On December 17, the Commodity Futures Trading Commission approved the application of LCH.Clearnet Ltd. for an Amended Order of Registration as a derivatives clearing organization (DCO). Pursuant to the Amended Order, LCH is permitted to clear (i) swaps and (ii) futures and options on futures contracts on all assets classes traded on or subject to the rules of a designated contract market. LCH had been clearing swaps pursuant to no-action relief issued by the CFTC Division of Clearing and Risk.LCH was first registered as a DCO in 2001, with authority to clear over-the-counter derivatives contracts, agreements and excluded or exempt transactions. In 2004, LCH’s Order of Registration was amended to authorize LCH to clear futures and options on futures contracts on certain financial products. Click here to view the LCH.Clearnet Ltd Order. … [Read more...] about CFTC Approves Amended Order of Registration for LCH.Clearnet Ltd.
The Commodity Futures Trading Commission is seeking public comment regarding a request by trueEX LLC (trueEX) to amend its order of designation as a contract market. Pursuant to the request, trueEX intends to allow for intermediation in connection with trading activities on the trueEX platform. trueEX currently only allows principal-to-principal trading on its platform. Comments must be submitted to the CFTC by March 1, 2013. The CFTC notice requesting comment is available here. The request submitted to the CFTC is available here. … [Read more...] about trueEX Requests that Commodity Futures Trading Commission (CFTC) Amend Order of Designation as a Contract Market
The Commodity Futures Trading Commission issued an amended order of registration to LCH.Clearnet LLC (LCH LLC), formerly the International Derivatives Clearinghouse, LLC. LCH LLC’s parent company, LCH.Clearnet Group Limited, recently acquired IDC’s sole parent, International Derivatives Clearing Group, LLC. In accordance with the amended order, LCH LLC continues to be registered as a derivatives clearing organization, subject to new terms and conditions relating to recent amendments to the Commodity Exchange Act. In addition to futures and options on futures, LCH LLC is permitted to clear interest rate and currency swaps. The CFTC also approved LCH LLC’s revised rulebook. The amended order of registration is available here. … [Read more...] about Commodity Futures Trading Commission “CFTC” Amends Order of Registration and Approves Rulebook for LCH.Clearnet LLC