A request by the Chicago Mercantile Exchange Inc. ("CME") to withdraw from registration as a securities clearing agency under Section 17A of the Exchange Act was published in the Federal Register. The CME currently is registered as a derivatives clearing organization ("DCO") with the CFTC and "offers clearing services for futures and swap products." CME stated that it registered as a clearing agency pursuant to Section 17A of the Exchange Act "solely for the purpose of clearing security-based swaps" ("SBS")." However, CME reported, it has not cleared any SBS to date and does not plan to clear

IOSCO published a report that summarizes the progress made by 31 jurisdictions in adopting legislation, regulation and other policies in relation to money market funds ("MMFs"). The report was undertaken in response to a September 2013 request from G20 Leaders in St. Petersburg that IOSCO conduct a peer review on progress regarding MMF regulatory reforms. The report covers the implementation progress for the eight reform areas that were covered previously in IOSCO's 2012 report, Policy Recommendations for Money Market Funds. Twenty -three Financial Stability Board ("FSB") members representing

In the latest installment of the Energy Metro Desk's "2014-2015 Forecast Update," CFTC Commissioner J. Christopher Giancarlo reflected on the past nine months since he outlined his "wish list for the CFTC for 2015" and said that he is "not sure we've really moved much past the old false narrative covering the actions of the [CFTC]." Commissioner Giancarlo said that one of the reasons his sentiments have "not really changed all that much" is because "the [mainstream news] coverage of the cross-border application of margin for uncleared swaps just seemed to fall inside the same old line."

The CFTC approved NFA amendments to its Financial Requirements, Sections 11 and 12, as well as to NFA Compliance Rule 2-36 and the related Interpretive Notice 9060 on NFA Compliance Rule 2-36. The amendments to Section 11 of the NFA Financial Requirements require each forex dealer member ("FDM") to continue to maintain a minimum of $20 million in capital, and additional capital that is equal to 5 percent of all liabilities owed to customers (as defined in NFA Compliance Rule 2-36(o)) that exceed $10 million. The amendments to Section 11 also require an FDM to maintain additional capital for

In a letter addressed to SEC Chair Mary Jo White, a group of 44 senators expressed their support for a petition of rulemaking that would require public companies to disclose their political spending to shareholders pursuant to Section 14 of the Securities Exchange Act. The letter conveyed the senators' opinion that "because shareholders are the true owners of the corporation, a public company should be required to disclose to its owners how their money is being spent." The senators observed that the SEC has received "more than 1 million public comments" supporting the petition, including