The CFTC's Division of Market Oversight issued a letter providing time-limited extensions for relief for swaps in the FX asset class. The time-limited extensions are provided for the following no-action letters: CFTC Letter No. 13-55 (amended) (Time-Limited No-Action Relief for Temporarily Registered Swap Execution Facilities from Certain Swap Data Reporting Requirements of Parts 43 and 45 of the Commission's Regulations); CFTC Letter No. 13-56 (Time Limited No-Action Relief for Reporting Counterparties from Certain Continuation Data Reporting Requirements of Section 45.4 of the Commission's

The National Credit Union Administration ("NCUA") proposed a rule to conduct annual stress tests of federally insured credit unions ("FICUs") with assets of $10 billion or more. Additionally, the NCUA proposes to require those credit unions to develop and maintain capital plans. Comments Due: December 31, 2013. See: 78 FR 65583. Related News: "Federal Reserve Paper: Capital Planning at Large Bank Holding Companies: Supervisory Expectations and the Range of Current Practice" (August 19, 2013).

The CFTC extended the public comment time period on a certification from Javelin SEF, LLC to implement available-to-trade determinations for certain interest rate swap contracts. On October 31, 2013, Javelin submitted amended available-to-trade determinations to the CFTC on a self-certified basis. The CFTC is extending the comment period to December 2, 2013. Lofchie Comment : It is good that the CFTC is extending the comment period, however, the bar for a "made available to trade" determination is set at such a low level that it is not clear what firms can comment on. The question is whether

Brussels managing partner Alec Burnside was a recent guest on "The Deal," discussing his profile work with Aer Lingus and the EC's current approach to minority shareholdings.

FINRA filed with the SEC a proposed rule change to amend FINRA Rule 8312 (FINRA BrokerCheck Disclosure) to include in BrokerCheck information about members and their association persons of any registered national securities exchange that uses the Central Registration Depository ("CRD") for registration purposes. Additionally, the amendment would make non-substantive technical changes to FINRA Rule 8312 to reflect a change in FINRA's style convention for referencing the CRD system. See: Text of Proposed Rule Change; FINRA Press Release.