August 23, 2013
Washington, DC – The Commodity Futures Trading Commission’s Division of Swap Dealer and Intermediary Oversight (DSIO) today announced the issuance of a no-action letter providing time-limited relief to SDs and MSPs from compliance with Regulation 23.502, provided that the SD or MSP intends to rely upon, and be compliant with, the EMIR portfolio reconciliation rules and otherwise satisfies the conditions set forth in CFTC Letter No. 13-45 Corrected.
This relief expires on September 15, 2013, which is the compliance date for the portfolio reconciliation rules under EMIR.
Last Updated: August 23, 2013