Financial Services Authority February 28, 2011 This paper sets out the results of the FSA's latest Hedge Fund Survey conducted in September 2010 and the Hedge Fund as Counterparty Survey conducted in October 2010. In these surveys, the FSA analyses the systemic risk posed by hedge funds. They are conducted every six months as part of the FSA's work on assessing risks to financial stability from outside the boundary of prudential regulation. This is a key part of the FSA's work to protect and enhance the stability of the UK financial system. Key findings from the survey: Most surveyed hedge

February 2011 Explanatory memo regarding the February 2011 LMA revisions. These revisions are only available to LMA Members.

International Swaps and Derivatives Association February 28, 2011 ISDA has published a comment letter in response to the CFTC notice of proposed rulemaking in accordance with Section 731 of Title VII of the Dodd-Frank Act, which adds a new Section 4s(i), to the CEA, which in turn directs the CFTC to adopt rules governing documentation standards for swap dealers and major swap participants. The Proposed Regulations would prescribe standards for the timely and accurate confirmation of swaps and would require the reconciliation and compression of swap portfolios. Cross References Proposed rule 4s

CFTC Concurring Statement February 28, 2011 Commissioner Scott D. O'Malia's concurring statement. O'Malia supports the establishment of a new technology and data group within the CFTC, but opposes the establishment of a new oversight group for swap dealer and intermediary oversight, which he claims "will further fracture the Commission's oversight responsibilities at a time when we should consolidate and coordinate our supervisory oversight functions . . . creat[ing] bureaucratic silos that fail to identify this critical systemic risk." O'Malia also lends support to establish a new education

SEC Release 34-63949 February 23, 2011 The SEC adopted technical amendments to Exchange Act Rule 17a-8 to update a reference to implementing regulations of the Bank Secrecy Act. The amendment is intended to respond to FinCEN's reorganization of the Bank Secrecy Act regulations. Cross References Exchange Act Rule 17a-8 31 CFR Chapter X (BSA regulations)