NYSE Euronext No-Action Letter February 7, 2011 The SEC Division of Market Regulation granted exemptive relief under Rule 201 of Regulation SHO to the NYSE to use certain reference prices other than the national best bid in determining whether a short sale order in a covered security that has triggered Rule 201's circuit breaker can be executed in a "single-priced opening, reopening, or closing transaction" executed on the NYSE (or NYSE Amex). Cross References Regulation SHO, Rule 201 SIFMA Letter to SEC (Jan. 19, 2011) (requesting same exemptive relief)

News Article Reuters February 8, 2011 The CFTC will face heightened scrutiny this year from the lawmakers who control its budget, the head of a congressional spending panel said on Tuesday. Republican Representative Jack Kingston, who chairs the House Agriculture Appropriations subcommittee, said he would examine the CFTC's requested budget increase to implement the Dodd-Frank financial reforms, which passed Congress last year over almost unanimous Republican opposition Top lawmakers on that panel have said the agency is sacrificing quality for speed as it races to write dozens of regulations

News Article Reuters February 8, 2011 Wall Street banks and major energy companies urged the U.S. futures regulator to revise new rules meant to increase transparency in the vast swaps market, saying they will make hedging riskier and more costly. Firms registered their objections with the CFTC at the end of a public comment period on the rule, which governs the speed at which companies must report the details of swaps trades. The companies argued the CFTC's proposal requiring swap trades to be reported "as soon as technologically practicable" could be detrimental to both buyers and sellers

February 7, 2011 The FDIC today issued a Notice of Proposed Rulemaking to improve consumer awareness of deposit insurance coverage. Cross References Press Release Notice of Proposed Rulemaking

February 7, 2011 The FDIC today approved a joint proposed rulemaking to implement Section 956 of Dodd-Frank. Section 956 prohibits incentive-based compensation arrangements that encourage inappropriate risk taking by covered financial institutions and are deemed to be excessive, or that may lead to material losses. Cross References Press Release Notice of Proposed Rulemaking