CFTC Extends Time-Limited Relief to SEFs for Block Trades

Katten Muchin Rosenman LLP
Contact
LinkedIn
Facebook
X
Send
Embed

The Division of Market Oversight of the Commodity Futures Trading Commission has extended no-action relief for swap execution facilities (SEFs) from certain block trade requirements. Specifically, CFTC Letter No. 15-60 extends the relief previously granted to SEFs in CFTC Letter No. 14-118 from the requirement in CFTC Regulation 43.2 that block trades occur away from the SEFs’ trading system or platform. CFTC Letter No. 15-60 extends the relief until November 15, 2016, at 11:59 p.m. (ET).

More information on CFTC Letter No. 14-118 is available in the Corporate & Financial Weekly Digest edition of September 26, 2014.

CFTC Letter No. 15-60 is available here.

Send Print Report

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Katten Muchin Rosenman LLP | Attorney Advertising

Written by:

Katten Muchin Rosenman LLP
Katten Muchin Rosenman LLP
Contact
more
less

Katten Muchin Rosenman LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
Sign Up Log in
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide