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10/30/2018. The notice may be viewed at: CFTC Proposes Amendments to Clearing
https://www.gpo.gov/fdsys/pkg/FR-2018-08- Exemptions for Swaps.
31/pdf/2018-18683.pdf. Federal Register, Vol.
83, No. 170, 08/31/2018, 44504-44508. The Commodity Futures Trading Commission
(CFTC) is proposing rule amendments pursuant to its
CCC Implements Agricultural Trade authority under section 4(c) of the Commodity
Promotion Program. Exchange Act (CEA) to exempt from the clearing
requirement set forth in section 2(h)(1) of the CEA
The Commodity Credit Corporations (CCC) is certain swaps entered into by certain bank holding
issuing a new regulation to implement the companies, savings and loan holding companies, and
Agricultural Trade Promotion Program (ATP). The community development financial institutions.
ATP provides assistance to U.S. agricultural Comments are due 10/29/2018. The notice may be
industries to conduct activities that promote U.S. viewed at: https://www.gpo.gov/fdsys/pkg/FR-2018-
agricultural commodities in foreign markets for 08-29/pdf/2018-18618.pdf. Federal Register, Vol.
commodities impacted by tariffs, including activities 83, No. 168, 08/29/2018, 44001-44012.
that address existing or potential non-tariff barriers to
trade. The regulation is effective 08/30/2018, SEC Finalizes Amendments to Municipal
comments are due 10/29/2018. The notice may be Securities Disclosure.
viewed at: https://www.gpo.gov/fdsys/pkg/FR-2018-
08-30/pdf/2018-18870.pdf. Federal Register, Vol. The Securities and Exchange Commission (SEC) is
83, No. 169, 08/30/2018, 44178-44195. adopting amendments to the Municipal Securities
Disclosure Rule under the Securities Exchange Act of
CCC Implements Market Facilitation 1934. The amendments add transparency to the
Program. municipal securities market by increasing the amount
of information that is publicly disclosed about
CCC is issuing a new regulation to implement the material financial obligations incurred by issuers and
Market Facilitation Program (MFP). MFP provides obligated persons. Specifically, the amendments
payments to producers with commodities that have revise the list of event notices that a broker, dealer, or
been significantly impacted by actions of foreign municipal securities dealer acting as an underwriter
governments resulting in the loss of traditional in a primary offering of municipal securities with an
exports. The rule is effective 08/30/2018. The notice aggregate principal amount of $1,000,000 or more
may be viewed at: (subject to certain exemptions set forth in the Rule)
https://www.gpo.gov/fdsys/pkg/FR-2018-08- must reasonably determine that an issuer or an
30/pdf/2018-18842.pdf. Federal Register, Vol. 83, obligated person has undertaken, in a written
No. 169, 08/30/2018, 44173-44178. agreement or contract for the benefit of holders of the
municipal securities, to provide to the Municipal
CCC Issues Notice of Funds Availability Securities Rulemaking Board. The rule is effective
10/30/2018, the rule’s compliance date is 02/27/2019.
for Market Facilitations Program. The notice may be viewed at:
https://www.gpo.gov/fdsys/pkg/FR-2018-08-
CCC announced the availability of Market 31/pdf/2018-18279.pdf. Federal Register, Vol. 83,
Facilitation Program Fund for eligible producers of No. 170, 44700-44743.
the following commodities for 2018: Soybeans,
sorghum, wheat, extra long staple (ELS) cotton, FASB Releases Exposure Draft for
upland cotton, corn, hogs, and milk. The application
period is 09/04/2018 through 01/15/2019. The notice Rescission of Technical Release.
may be viewed at:
https://www.gpo.gov/fdsys/pkg/FR-2018-08- The Federal Accounting Standards Advisory Board
30/pdf/2018-18819.pdf. Federal Register, Vol. 83, (FASB) has released an exposure draft of a proposed
No. 169, 08/30/2018, 44257-44258. Federal Financial Accounting Technical Release
(TR), Rescission of Technical Release 8, for public
comment. The proposed TR is available on the FASB
website at http://www.fasab.gov/documents-
forcomment/. Copies can be obtained by contacting
FASB at (202)512–7350. Comments are due

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