On October 26th, the CFTC voted to publish for comment proposed rules prohibiting certain trading practices deemed disruptive of fair and equitable trading. Section 747 of the Dodd-Frank Act amends section 4c(a) of the Commodity Exchange Act to make it unlawful for any person to engage in any trading, practice, or conduct on or subject to the rules of a registered entity that violates bids or offers; demonstrates intentional or reckless disregard for the orderly execution of transactions during the closing period; or is of the character of, or is commonly known to the trade as, "spoofing" (bidding or offering with the intent to cancel the bid or offer before execution). CFTC Fact Sheet; Questions and Answers.