The OCC is soliciting comment concerning a revision to a regulatory reporting requirement for national banks and Federal savings associations titled, "Company-Run Annual Stress Test Reporting Template and Documentation for Covered Institutions with Total Consolidated Assets of $50 Billion or More under the Dodd-Frank Wall Street Reform and Consumer Protection Act." The OCC published the attached notice to request comment on a revision to this information collection. The OCC is also giving notice that it has sent the collection to OMB for review. See: 78 FR 67218.

The SEC Division of Investment Management published guidance regarding whether management investment companies (funds) registered under the Investment Company Act that make distributions to their shareholders – where the distribution is derived from any source other than the fund's net income – may electronically deliver the required "written statement" describing the sources of those distributions. According to the guidance, the SEC staff determined that electronic delivery of a Rule 19a-1 Notice ("Written Statement to Accompany Dividend Payments by Management Companies") satisfies the

ISDA announced the publication of the ISDA 2013 ICE Brent Protocol (the "Protocol"). The Protocol offers market participants an efficient way to amend the terms of certain derivatives transactions to address the impact of the decisions by ICE Futures Europe ("ICE") to (i) change expiry dates for ICE Brent futures and options contracts to a month-ahead expiry calendar with respect to March 2016 and later contract months and (ii) require a cash adjustment as a result of such change (the "ICE Brent Transition"). The ICE Brent Transition will impact certain derivatives transactions that reference

FIA Global, the new organizational structure that unifies the Futures Industry Association in Washington with the Futures and Options Association in London, and FIA Asia in Singapore, held its first face-to-face board meeting and began setting its work priorities for the coming year. At the meeting, the members of the FIA Global board of directors discussed several pending regulatory issues of critical importance to their collective membership, including: the Basel III capital standards, cross-border recognition, EMIR implementation, and Dodd-Frank implementation. Jackie Mesa, FIA's senior

The CFTC proposed to amend its regulations to require that all persons registered with the CFTC as introducing brokers ("IBs"), commodity pool operators ("CPOs"), and commodity trading advisors ("CTAs") must become and remain members of at least one registered futures association ("RFA"); i.e., the National Futures Association (the "NFA"). Comments Due: January 17, 2014. Lofchie Comment: If the regulation of futures and swaps progresses along the same line as has the regulation of securities, the NFA will become more an arm of the government than a membership self-regulatory organization