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Screenshot of a breaking news alert e-mail from Q2 2017
The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (Division) announced today further extension of time-limited no-action relief for different swaps executed.
This extension of time-limited relief will enable the Division to continue to further assess the appropriate response for applying the trade execution requirement to swaps in certain types of package transactions.
The summary of the relief provided is intended to be used for reference only and does not represent any grant of no-action relief from the Commodity Exchange Act or the CFTC’s regulations.
Please refer to today’s letter for the grant of Division relief by clicking here.