The CFTC released its annual performance report for the fiscal year 2012. Lofchie Comment: It looks pretty professional, with nice pictures of the staff (all smiling). I like the font, the colors and the use of graphics. View report in full here (links externally to CFTC website).

At the request of the Kansas City Board of Trade Clearing Corporation ("KCBTCC"), the CFTC has issued an Order, pursuant to CEA Section 7, vacating the registration of KCBTCC as a derivatives clearing organization. This order will become effective in connection with the transfer of open interest on the clearing corporation to the Chicago Mercantile Exchange Inc. ("CME"). KCBTCC, together with CME, also requested the transfer to CME of the 4d Order originally issued to KCBTCC that permits the commingling of customer funds used to margin, guarantee, or secure cleared-only wheat swaps with other

The CFTC is revising its regulations to add to its delegation of authority of its staff in regard to the disclosure of information to self-regulatory organizations. Effective Date: April 11, 2013. See: 78 FR 21522.

The CFTC issued an order granting a request, pursuant to Section 4d(f) of the CEA, made by ICE Clear Europe Limited ("ICEU"), a CFTC-registered derivatives clearing organization ("DCO"), that sets forth the conditions under which ICEU, and its clearing members that are dually registered as futures commission merchants and broker-dealers, may (1) hold credit default swaps ("CDS") and security-based CDS in a cleared swaps customer account subject to Section 4d(f) of the Act; and (2) provide portfolio margining for such CDS and security-based CDS held in the cleared swaps customer account. The

The CFTC is adopting regulations to exempt swaps between certain affiliated entities within a corporate group from the clearing requirement under the Commodity Exchange Act, enacted by Dodd-Frank Title VII. The regulations include numerous conditions, as well as reporting requirements, which affiliated entities must satisfy in order to elect the inter-affiliate exemption from required clearing. Effective Date: June 10, 2013. See: 78 FR 21750. Here is the news item we published when the rule was adopted: CFTC Exemption for Clearing Inter-Affiliate Swaps (with Lofchie Comment). Related News Item