3:07 PM The SEC announces that it's extending the public comment period on the Volcker Rule by 30 days after it was initially slated to end Jan. 13, 2012.
10:09 AM The House has approved the 2-month payroll tax cut extension. The bill now goes to the President for signing. As part of the bill, President Obama is forced to make a decision within 60 days on whether or not to approve construction of TransCanada's (TRP +1.1%) 1.7K mile pipeline.