On November 3rd, CFTC Chairman Gary Gensler testified that CFTC staff is working on a release concerning a principles-based testing and supervision regime designed to ensure that electronic trading systems are tested and supervised by trained personnel and that appropriate risk controls are in place. The release would seek comment concerning proposals designed to ensure that those who provide market access to customers establish, implement, and enforce rules and procedures to mitigate some of the risks of high-frequency trading. Gensler Testimony.