During an open meeting on May 16, the Commodity Futures Trading Commission adopted a final rule establishing core principles and other requirements for swap execution facilities, which will become effective 60 days after publication in the Federal Register. We will issue a Client Advisory describing the core principles and other requirements for swap execution facilities following the publication of the final rule. The CFTC also adopted final rules related to procedures for establishing minimum block sizes, the process for making a swap available to trade and interpretive guidance on disruptive trading practices.