March 18, 2011 The European Banking Authority (EBA) today published documents explaining the scenarios and methodology for its 2011 EU-wide stress test, which will be applied on a wide sample of European banks covering over 60% of total EU banking assets. The EBA was established on 1 January 2011 with a broad remit that includes safeguarding the stability of the EU financial system. The EBA is required, in cooperation with the European Systemic Risk Board (ESRB), to initiate and coordinate Union-wide stress tests to assess the resilience of financial institutions to adverse market developments

Comment Letter RIN 3038-AC98 March 21, 2011 MFA submitted a comment letter to the CFTC on its proposed rules on "Risk Management Requirements for Derivatives Clearing Organizations," With respect to the proposed Core Principle C rules, MFA supported the CFTC's mandate that DCO participation requirements be objective, risk-based, publicly disclosed and permit fair and open access. MFA requested that the CFTC require DCOs to provide highly standardized mechanisms for establishing connectivity with SEFs and any other permitted trading venues and mandate that the DCO keep the clearing acceptance

CFTC Testimony March 17, 2011 CFTC Chairman Gary Gensler states his support for the notice of proposed rulemaking on the Authority to Designate Financial Market Utilities as Systemically Important, noting that "it is an important step in fulfilling the requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act to ensure that there is robust oversight and risk management of financial market utilities, including clearinghouses." Cross References Dodd-Frank Act, Title VII

CFTC Dodd-Frank Rulemaking 76 FR 14943 March 18, 2011 The CFTC is proposing an interpretive order to provide interpretive guidance regarding the three statutory disruptive practices set forth in new section 4c(a)(5) of the Commodity Exchange Act ("CEA") pursuant to section 747 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Cross References Dodd-Frank Act, Title VII, Sec. 747; CEA Sec. 4d(a)(5)

March 16, 2011 The CFTC has scheduled two meetings for the following dates: March 30, 2011 at 9:30 a.m. April 7, 2011 at 9:30 a.m. Cross References Dodd-Frank Act, Title VII