CFTC Dodd-Frank Rulemaking The CFTC is issuing proposed regulations to establish the regulatory standards for compliance with derivatives clearing organization (DCO) Core Principles C (Participant and Product Eligibility), D (Risk Management), E (Settlement Procedures), F (Treatment of Funds), G (Default Rules and Procedures), and I (System Safeguards). For DCOs that are designated by the Financial Stability Oversight Council as systemically important DCOs (SIDCOs), the Commission is proposing heightened standards in the area of system safeguards supporting business continuity and disaster

CFTC Dodd-Frank Rulemaking Staff of the CFTC will hold a public roundtable on January 28, 2011 to discuss issues related to swap data recordkeeping and reporting requirements. The roundtable will assist the CFTC in the understanding and implementation of Section 728 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Issues to be addressed at the Public Roundtable include: Unique Counterparty Identification (UCI); Unique Product Identification (UPI); Unique Swap Identification (USI); and Master Agreement Library and Portfolio Data Warehouse. Document Number CFTC PR 5968-11 Date

News Article The CFTC said that it will hold a hearing on Jan 26 to consider a proposed rule for investment advisors to hedge funds. Publication Reuters Date January 19, 2011 Cross References (links may require a Cabinet subscription) Dodd-Frank Act, Title VII

Securities Exchange Commission The SEC today voted to adopt two sets of new rules encouraging better disclosure for investors in ABS. One set of rules requires issuers to disclose the history of the requests they received and repurchases they made related to their outstanding ABS and a second set of rules that would require issuers of ABS to conduct a review of underlying assets. Document Number Files No. S7-24-10 and S7-26-10 Date January 20, 2011 Cross References (links may require a Cabinet subscription) Section 945 of the Dodd-Frank Act Item 1111 of Regulation AB Items 1104 and 11212 of

www.isda.org ISDA publishes Standard Terms Supplement and Confirmation for Syndicated Secured Loan Contingent Credit Default Swap Transaction Date January 20, 2011