CFTC Statements "SEF Showcase: Current Technology Market Direction" March 31, 2011 Opening Statement of Commissioner Scott D. O'Malia at the Swap Execution Facility "Showcase" featuring two panels discussing execution and technological functionality issues related to SEFs. Cross References Dodd-Frank Act, Title VII, Sec. 733

CFTC Congressional Testimony March 30, 2011 CFTC General Counsel Dan Berkovitz testifying before the US Senate Committee on Agriculture, Nutrition and Forestry discusses the CFTC's mission, expanded authorities and responsibilities, Dodd-Frank issues including position limits and registration of foreign boards of trade, and makes a plea for more budgetary resources. Cross References Dodd-Frank Act, Title VII

www.isda.org March 29, 2011 ISDA has published a paper outlining its views on the role, impact and optimal structure for Swap Execution Facilities (SEFs) in the global OTC derivatives markets. ISDA believes that SEFs can play a positive role in the market by strengthening its infrastructure, helping prevent insider trading and other market abuse, and increasing transparency and access for smaller participants.

www.isda.org March 25, 2011 The North American Tax Committee of ISDA has published a comment letter on selected issues relating to regulations to be issued by the Treasury Department pursuant to Section 871(m) of the Internal Revenue Code of 1986, as amended. The NATC's primary concern is the manner in which the Treasury may define the categories of transactions that are treated as specified notional principal contracts ("SNPCs") and that will be subject to withholding taxes on "dividend equivalent payments." Cross References Section 871(m) of the Internal Revenue Code of 1986, as amended

March 29, 2011 In a paper published on March 29 th, the International Swaps and Derivatives Association, Inc. outlined its views on the role, impact and optimal structure for Swap Execution Facilities in the global over-the-counter derivatives markets. Cross References Dodd-Frank Act, Title VII, Sec. 733