Event: Other Events

The U.S. Commodity Futures Trading Commission Signs a Memorandum of Understanding Regarding Central Counterparties for Credit Default Swaps

On November 13, 2008, the U.S. Commodity Futures Trading Commission (CFTC), the Board of Governors of the Federal Reserve System, and the U.S. Securities and Exchange Commission signed a Memorandum of Understanding that establishes a framework for consultation and information sharing on issues related to Credit Default Swaps Counterparties.

The Memorandum of Understanding, the press release, and related documents may be viewed on the U.S. Department of the Treasury’s website: http://www.treasury.gov/press-center/press-releases/Pages/hp1272.aspx