The CFTC announced that it has approved a final rule to expand the CFTC's recordkeeping requirements. The announced rule change will amend CFTC Rules 1.35(a) (Records of Cash Commodity, Futures, and Option Transactions) and 1.31 (Books and Records; Keeping and Inspection) to conform them to recordkeeping requirements for SDs and MSPs under Dodd-Frank. The final rule amends Rule 1.35(a) to require that FCMs, IBs with aggregate gross revenue exceeding $5 million over the preceding three years, retail fx dealers ("RFEDs"), and certain members of designated contract markets ("DCMs") and swap

In response to a petition from certain Regional Transmission Organizations (RTOs) and Independent System Operators (ISOs), the CFTC approved a proposed order that would exempt certain specified transactions of the RTOs and ISOs from the provisions of the CEA and CFTC regulations. The proposed order would exempt contracts, agreements and transactions for the purchase or sale of limited electricity-related products. To be eligible for the exemption, the transactions would have to be entered into by "appropriate persons," as defined in Section 4(c)(3)(A) through (J) of the CEA, or "eligible