SIFMA submitted a letter, dated November 26, 2012, to the various U.S. banking regulators to which SIFMA appended a prior letter, dated September 28, 2012, to the Basel banking regulators, in each case concerning margin requirements. The very short letter to the U.S. banking regulators thanks the banking regulators for reopening the comment period on the banking regulators' margin rule for swaps and also asked that, if the banking regulators materially amend their proposed margin rules for swaps, that the revised rule be reissued as a proposal for public comment, rather than being simply

The IOSCO has published the Final Report on Principles for Ongoing Disclosure for Asset-Backed Securities (ABS Ongoing Disclosure Principles), which contains eleven principles designed to provide guidance to securities regulators who are developing or reviewing their regulatory regimes for ongoing disclosure for asset-backed securities (ABS). IOSCO states that the objective is to enhance investor protection by facilitating a better understanding of the issues that should be considered by regulators in relation to ongoing disclosure regimes for ABS. View Press Release in full here (links

NFA is asking Members for nominations to fill five vacancies on NFA's Board of Directors ("the Board"). The terms of four current Public Representatives and one vacancy in the Public Representative category are set to expire at the Board's 2013 regular annual meeting. At the Board's regular annual meeting, scheduled for Thursday, February 21, 2013, the Board will elect from among the nominees five Public Representatives to serve on the Board for two-year terms. View Notice in full here (links externally to NFA website).

MFA submitted the attached supplemental comment letter to the U.S. prudential regulators during the reopened comment period for their proposed rulemaking on "Margin and Capital Requirements for Covered Swap Entities" in which it sets forth the following six positions: Internationally uniform margin requirements; A single compliance date for the final margin rules for all uncleared swaps for all market participants; Requiring swap dealers to transfer variation margin to counterparties on uncleared swaps with financial entity counterparties; MFA appended its accompanying portfolio margining

ICE Futures U.S. released a revised version of the block trade FAQ. View Notice in full here (links externally to ICE website).