The CFTC Division of Swap Dealer and Intermediary Oversight ("DSIO") announced that it is extending the temporary registration relief it previously granted in CFTC Letter 12-15 to certain associated persons ("AP") of futures commission merchants, introducing brokers, commodity pool operators and commodity trading advisers who must register solely due to activities involving swaps or the transition of certain contracts on the Intercontinental Exchange, Inc. (ICE) and the New York Mercantile Exchange (NYMEX) to clearing as commodity futures and options transactions. The temporary registration

The CFTC Division of Swap Dealer and Intermediary Oversight ("DSIO") announced that it is taking a no-action position which provides relief from introducing broker ("IB") and commodity trading advisor registration requirements to certain parties who intermediate swaps for affiliates. The relief is available to registered swap dealers and institutions that are not registered with the CFTC (but are registered with, or regulated by, another financial regulator) who intermediate swaps for an affiliated swap dealer or de minimis swap dealer. The relief, which is also available to employees of these

The attached no-action letter states that the staff of the Division of Corporate Finance will not recommend enforcement against PPG in the Exchange Offer described therein. This no-action letter is contingent upon PPG conducting the Exchange Offer using the Pricing Mechanism and specifies the amount of PPG Common Stock sought in the Exchange Offer as stipulated in the incoming letter. Cross-References: Exchange Act Rules 13e-4(d)(1), 13e-4(e)(3), 13e-4(f)(1)(ii) or 14e-1(b). Click here to view letter in full (links externally to SEC website). See also: Incoming Letter.

New SRO rules and rule proposals, including three proposals by ICE Clear Europe to amend margin requirements for various energy and emissions futures, have been announced by the SEC. Click on the links to view the SEC's notices of each rule change and proposal. ICEEU: Effective Immediately - Rule Change Related to SPAN Margin Methodology Enhancements to Inter-Contract Credits and Average Option Pricing Model for Energy Clearing Members ICEEU: Effective Immediately - Rule Change Related to Delivery Margin Rates for Physically Deliverable Contracts for Energy Clearing Members ICEEU: Effective

The SEC announced that the United States District Court for the Southern District of New York entered a Final Judgment as to former hedge fund manager Raj Rajaratnam in the SEC's insider trading case, SEC v. Rajat K. Gupta and Raj Rajaratnam, Civil Action No. 11-CV-7566 (SDNY) (JSR). Click here to view litigation release in full (links externally to SEC website).