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The American Council of Life Insurers ("ACLI") submitted a statement to the House Financial Services Housing and Insurance Subcommittee regarding a hearing titled "The Impact of International Regulatory Standards on the Competitiveness of U.S. Insurers." According to ACLI, the Board of Governors of the Federal Reserve System ("FRB") is developing insurance capital standards that are "likely to have significant impacts on life insurance companies and the families who depend on them for financial and retirement security." ACLI stated that, in order to ensure the best outcome for policyholders

On Thursday the CFTC held a public meeting to consider a final rule on core principles and other requirements for designated contract markets and a proposed order amending the effective date for swap regulation. Statements : Statement on the Proposed Exemptive Order Regarding Certain Dodd-Frank Effective Dates (Commissioner Gary Gensler) Concurrence Statement on the Amendment to the July 17, 2011 Exemptive Order (Commissioner Scott O'Malia) The Draft CFTC 2012 Rulemaking Schedule (Commissioner Scott O'Malia) “Lettuce Produce” (Commissioner Bart Chilton) To view additional materials from this

CFTC Meetings 76 Fed. Reg. 25309 May 4, 2011 The CFTC's Agricultural Advisory Committee will hold a public meeting on May 19, 2011 to discuss issues related to the Dodd-Frank Act. Cross References Dodd-Frank Act, Title VII