Wu Shuo learns that the U.S. CFTC Market Oversight Division and Clearing Risk Division issued a no-action letter, stating that under relevant conditions, they will not recommend enforcement action against designated contract markets (DCMs), derivatives clearing organizations (DCOs), and their participants for non-compliance with certain swap-related recordkeeping requirements or for failing to report full collateralized event contract trading data to swap data repositories. The CFTC stated that this decision responds to requests from multiple DCMs and DCOs that list and clear event contracts, aiming to streamline similar application processes in the future and ensure consistent treatment for market participants. Entities that previously received similar no-action letters will also be covered under this scope, and future institutions planning to list or clear similar event contracts can apply for the same arrangement.

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