On November 2nd, the SEC approved the Options Clearing Corporation's (the "OCC") proposed rule change to provide for the calculation of initial margin for OCC segregated futures customer accounts on a gross basis, as required by CFTC Rule 39.13(g)(8)(i). SEC Release No. 34-68148. See also SEC Release No. 34-68147 (notice of no objection under the Payment, Clearing, and Settlement Supervision Act of 2010).