Submission of CCO Reports

On January 23rd, the Commodity Futures Trading Commission’s (“CFTC”) Division of Swap Dealer and Intermediary Oversight announced that swap dealers and major swap participants may furnish the annual reports of their Chief Compliance Officers through WinJammer, and do not need to use the CFTC’s web portal. CFTC Press Release.

Extended Deadline Considered

On January 23rd, the Financial Times quoted CFTC Chair Timothy Massad as saying that the agency may extend the deadline for banks’ compliance with margin requirements for over-the-counter swap trades. Extended Deadline.

Registration Orders

On January 21st, the CFTC announced it has issued an Order of Registration to the Tokyo Commodity Exchange, Inc., a Foreign Board of Trade located in Tokyo, Japan. Under the Order, TOCOM is permitted to provide its identified members or other participants located in the U.S. with direct access to its electronic order entry and trade matching system to trade futures contracts on metals, fuels, rubber and agricultural commodities and futures and option contracts on gold. In the Matter of the Application of Tokyo Commodity Exchange, Inc. On January 22nd, the CFTC announced the issuance of an Order of Registration to Bursa Malaysia Derivatives Berhad, a Foreign Board of Trade located in Kuala Lumpur, Malaysia. Under the Order, BMD is permitted to provide its identified members or other participants located in the U.S. with direct access to its electronic order entry and trade matching system to trade agricultural commodity, interest rate and security index futures and option contracts. In the Matter of the Application of Bursa Malaysia Derivatives Berhad. On January 22nd, the CFTC also announced it has issued an Order of Registration to the Singapore Exchange Derivatives Trading Limited, a Foreign Board of Trade located in Singapore. Under the Order, SGX-DT is permitted to provide its identified members or other participants located in the U.S. with direct access to its electronic order entry and trade matching system to trade equity index, interest rate, commodity and foreign exchange futures and options contracts. In the Matter of the Application of Singapore Exchange Derivatives Trading Limited.