FINRA announced that Alternative Trading System ("ATS") transparency data is now available on its website. A list of ATS firm identifiers and their descriptions is available as well as an ATS Website User Guide to assist users in navigating the website. See: Press Release; ATS Website; ATS Website User Guide; List of ATS Firm Identifiers; FINRA ATS Product Page.

The U.S. Treasury Department ("Treasury") announced on May 30, 2014 that Barbados and the United Arab Emirates ("UAE") agreed in substance to a Model 1 Intergovernmental Agreement ("IGA") to implement FATCA. Sixty-eight countries to date either signed or agreed in substance to the terms of an IGA. Treasury previously announced that any jurisdiction reaching an "agreement in substance" with the United States for an IGA by July 1, 2014 would be treated as having an IGA in effect through December 31, 2014, even if the IGA is not signed. Russia, China, Saudi Arabia, Greece, Turkey, Monaco, Egypt

The CFTC vacated New York Portfolio Clearing LLC's ("NYPC") request of registration as a derivatives clearing organization ("DCO") in conjunction with the transfer of its open interest to ICE Clear Europe Limited. The CFTC's issued Order will be effective 10 business days after the successful transfer of open interest from NYPC to ICE Clear Europe Limited and in any event, no earlier than June 23, 2014. See: Order of Vacation of Registration as a DCO: New York Portfolio Clearing LLC.

The CFTC Division of Swap Dealer and Intermediary Oversight issued a time-limited no-action letter providing relief from the requirement that swap dealers furnish risk exposure reports on a quarterly basis to each of five Canadian banks that are registered with the CFTC as swap dealers. The five Canadian Banks covered by the relief are the Bank of Montreal, the Bank of Nova Scotia, the Canadian Imperial Bank of Commerce, the Royal Bank of Canada, and the Toronto Dominion Bank. Specifically, the letter provides time-limited no-action relief covering the quarterly risk exposure reports for any

The CFTC issued an order granting a request from ICE Clear Europe Limited, permitting portfolio margining of futures and foreign futures contracts. This Order amends an earlier Order dated October 15, 2012, setting forth terms and conditions under which ICE Clear Europe and its clearing members that are registered futures commission merchants may (1) commingle in an account (subject to CEA Section 4d(a) and (b), positions in futures and options, and foreign futures and foreign options, and related customer money, securities, and property); and (2) portfolio margin these futures and options