On July 15th, the Financial Industry Regulatory Authority extended to January 17, 2012, its interim pilot program concerning margin requirements for certain transactions in credit default swaps. It also issued an Information Notice addressing its approval of margin methodologies used by clearing agencies or derivatives clearing organizations for purposes of the pilot. The Information Notice also points out that FINRA has approved the use of the margin methodology of ICE Trust for purposes of the rule on an interim basis, pending further review by FINRA.