In this issue:

- Derivatives

- Compensation

- Shadow Banking

- Bank Prudential Regulation & Regulatory Capital

- Recovery & Resolution

- Financial Market Infrastructure

- Consumer Protection

- People

- Events

- Excerpt from Derivatives:

CFTC Extends No-Action Relief for Futures Commissions Merchants from Requirement to Obtain an Acknowledgement Letter from Certain Depositories -

On October 16, 2014, the US Commodity Futures Trading Commission’s (“CFTC”) Division of Swap Dealer and Intermediary Oversight announced the extension of previously granted no-action relief from compliance with CFTC regulations requiring futures commissions merchants to obtain acknowledgement letters from certain depositories. The no-action relief has been extended until December 31, 2014.