US Commodity Futures Trading Commission Extends No-Action Relief

A&O Shearman
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Shearman & Sterling LLP

The CFTC extended the relief granted under No-Action Letters 15-62 and 15-63 until December 31, 2017. The extended no-action relief in CFTC Letter No. 16-80 exempts inter-affiliate swaps from the trade execution requirement under section 2(h)(8) of the Commodity Exchange Act, subject to certain requirements. In addition, CFTC Letter No. 16-81 extends temporary relief from the trade execution requirement to certain affiliate counterparties.

View text of CFTC Letter No. 16-80.

View text of CFTC Letter No. 16-81.

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A&O Shearman
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