CFTC Extends No Action Relief

Our success is built on our clients’ success. We have a long and distinguished history of supporting our clients wherever they do business, from major financial centers to emerging and growth markets. We represent many of the world’s leading corporations and major financial institutions, as well as emerging growth companies, governments and state-owned enterprises, often working on ground-breaking, precedent-setting matters. With a deep understanding of our clients' businesses and the industries they operate in, our work is driven by their need for outstanding legal and commercial advice.

Explore

On November 28 2016 the Commodity Futures Trading Commission (CFTC) extended the relief granted under No-Action Letters 15-62 and 15-63 until December 31 2017.

United States Finance and Banking

Authors

To print this article, all you need is to be registered or login on Mondaq.com.

On November 28 2016 the Commodity Futures Trading Commission (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 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 16-81 extends temporary relief from the trade execution requirement to certain affiliate counterparties.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Authors

Donna M. Parisi

Geoffrey Goldman

Azam Aziz

Your Author LinkedIn Connections

See More Popular Content From

CFTC Extends No Action Relief

Contributor

Finance and Banking

Contributor

United States