Developments in Securities Regulation, Corporate Governance, Capital Markets, M&A and Other Topics of Interest. MORE

Noting that its proposed rules now provide a “substantially complete mosaic” of the regulatory framework for swaps under the Dodd-Frank Act, the CFTC has reopened and extended the comment period for thirty-two of its proposed rules. The reopening and extension is designed to allow the public to comment on the regulations based on a more complete understanding of how they will interact. The Commission is also requesting comment on the order in which it should consider its final rulemakings. For the thirty-two rulemakings listed in the Federal Register notice, the comment period will be reopened and/or extended until June 3, 2011. The Commission has requested comments on the identified rulemakings individually, in combination, or globally—including, specifically, with respect to their costs and benefits.

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