A division of the Commodity Futures Trading Commission (CFTC) has extended for one year, time-limited no-action relief for swap dealers and major swap participants for complying with reporting obligations -- specifically, valuation data for cleared swaps as required by Section 45.4(b)(2)(ii) of the CFTC's regulations. On Monday, the Division of Market Oversight issued a no-action letter, extending relief until a new expiration date of June 30, 2016. A previous no-action letter, 14-90, had extended the deadline to June 30, 2015.
Public comments are being sought by the federal Bureau of Land Management (BLM) on its management plans for 680,000 acres in central and eastern Colorado, including portions of the Arkansas River corridor, to help the agency determine which areas it should open to oil, natural gas and mining exploration activity. BLM has indicated that the review is likely to take up to two years. BLM has already identified 78,000 acres with "wilderness characteristics" that could prevent energy development, and the environmental group Wild Connections has countered that it can identify 246,000 acres, or about one-third of the total being examined, that should be off limits. The group said it was concerned about the Table Mountain plateau north of the Arkansas River, which BLM did not initially call out as being potentially exempted from development.