Deep Tide TechFlow news: On May 14, the U.S. Commodity Futures Trading Commission (CFTC) Market Surveillance Division and the Division of Clearing and Risk issued a no-action letter, taking the position that they will not take enforcement action regarding swap data reporting and recordkeeping requirements related to event contracts. For designated contract markets, derivatives clearing organizations, and their participants, if they have not reported the relevant data to a swap data repository for fully collateralized event contract trades, or have not complied with certain swap recordkeeping requirements, these two divisions will not recommend that the CFTC initiate enforcement action. This position applies to all beneficiaries of prior no-action letters of a similar nature; entities that apply later to list or clear similar contracts may apply to be included in the annexed list.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned