The Commodity Futures Trading Commission announced that it will hold an open meeting on Tuesday, November 24 at 9:00 a.m. (ET) to consider a proposal on automated trading. Among other provisions, the proposed rules are expected to set requirements with regard to the design, testing and supervision of automated trading systems, both high-frequency and low-frequency. In a speech earlier this week, CFTC Chairman Timothy Massad indicated that the CFTC also is considering whether to require proprietary trading firms that use automated trading systems and access exchange markets directly to register with the CFTC. 

The meeting is open to the public or can be accessed via live webcast or conference call.

More information is available here.